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A summons and a petition (Form 540PC) must be completed and filed with the court to begin the process of appointing a Conservator for a minor. It is the duty of the Conservator to complete the accounting and pay the filing fee. 4. CLOSING.The court requires the conservator to file documentation for each transaction, including cancelled checks and bank statements. Overview of Opening a Minor Conservatorship. When a minor owns property or needs representation in a legal action, then that minor may need a conservator. When a minor owns money or property that requires management or protection, a Petition may be filed requesting the Court to appoint a conservator. This item provides general information concerning the filing procedures for closing minor conservatorships and may be useful as a guide. The person seeking conservatorship must complete all pages of the petition. Anyone, including the minor who is at least 14 years of age, may file a petition to terminate or appoint a new conservator. Within thirty (30) days after appointment, the Conservator must file a complete.