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STEP 1: COMPLETE THE FOLLOWING FORMS FOR THE. 1. All funds of the ward must be placed in restricted accounts. 2.All minor Conservatorship will be subject to the attached Court Policy. When a minor owns money or property that requires management or protection, a Petition may be filed requesting the Court to appoint a conservator. The court can order the conservator to put certain funds in a restricted account, meaning the conservator needs court approval before making a withdrawal. The assets will be deposited in a restricted account in my name as the Conservator for:. A full guardian can make all decisions for the individual. A limited guardian can only make decisions for the individual that the court allows. A. conservator of all assets of the individual's estate. b. A person for whom the court has appointed a conservator because the person cannot manage their money or property due to a disability, advanced age or illness.