What is a conservatorship?
A conservator is court-ordered to make financial decisions on behalf of someone who does not have the capacity to make these decisions on his or her own. A conservator generally handles all the finances for the incapacitated person. This includes paying their bills, collecting their income, managing their accounts, investing their funds and reporting accurate accounting to the court.
What is a Guardianship?
A Guardian is court-ordered to make medical, health and well-being decisions on behalf of someone who does not have the capacity to make these decisions on his or her own. This can be limited to a specific need or made very broad to cover every aspect of the incapacitated person’s wellbeing. This can include, making doctor’s appointments, requesting prescriptions, hiring in-home health services, nursing home care and making urgent medical decisions.