Wednesday, September 16, 2020 10:34:50 PM
I am conservator. conservator conserves the assets of the entities under their care. Doing so, i have a duty to preserve and conserve. That duty is owed to the company and its ownership.
Therefore, I will not endorse a rewrite of the conventional definition of conservator; in that i do have a duty.
Typically
Conservators have many responsibilities, and in addition to carrying out any specific Court orders, are responsible for managing, preserving, and administering assets owned by and for the benefit of a Protected Person.
What power does a conservator have?
The conservator has the power to collect all the conservatee's assets, pay bills, make investments, etc. The conservator must seek court supervision for major transactions, such as purchase or sale of property, borrowing money, or gifting of assets.
Is a conservator financially responsible?
No. The conservator is not liable for the acts or debts of the incapacitated solely by becoming a conservator. However, the conservator can become responsible and liable if he or she grossly mismanages or steals the incapacitated's assets.
You, know... i'd love to be a conservator under the new definition that allow rape and pillage... without oversight...
i wonder where else in society this is occurring.
Cause historically, that wasn't permitted.. I guess its a new normal.
I'm in.
Can i be appointed Buffets Conservator? He's old, probably not of sound mind... i can help.
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