What are my responsibilities as a conservator?
Once you're approved by the court as a conservator for a protected person, these are your responsibilities.
- To serve as a fiduciary responsible for managing the protected person’s property, but only as the court authorized in the decree.
- To encourage the protected person to participate in decisions, act on their own behalf, and regain the ability to manage their estate and business matters to the extent possible.
- To tell the court if your address or the protected person’s address change.
- To tell the court if the protected person dies by filing a copy of their death certificate and a final account.
What forms do I need to file as a conservator?
As a conservator, you may need to file these forms.
- File Inventory (MPC 854) or Combined Inventory Without Schedules (MPC 854a) within 90 days of when you were appointed as conservator.
- File Account (MPC 853) or Account Without Schedules (MPC 853a) and a Petition for Allowance of Account (MPC 857) every year within 60 days of your appointment anniversary.
- File a final Account (MPC 853) or Account Without Schedules (MPC 853a) with the Petition for Order of Complete Settlement (Conservator) (MPC 860) if/when you resign, are removed, or when the protected person dies or the conservatorship ends. The final account is due 60 days from when the conservatorship ends.
- File a Conservator's Financial Plan (MPC 861) only if the court orders it.
- File a Petition to Expand/Modify/Limit/Conservator (MPC 230) if you need to change your responsibilities for any reason.
- File a Petition for Resignation of Guardian and/or Conservator (MPC 202) if you don't want to serve as a conservator anymore.
- File a Petition for Termination of a Guardian/Conservator (MPC 203) if the protected person doesn't need a conservatorship anymore.