conservatorship

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con·ser·va·tor

 (kən-sûr′və-tər, kŏn′sər-vā′tər)
n.
1. A person in charge of maintaining or restoring valuable items, as in a museum or library.
2. A protector or guardian: "a conservator of cherished values and regular order in governing institutions" (William Greider).
3. Law One placed in charge of the property or personal affairs of an incompetent person.

con·ser′va·to′ri·al (-tôr′ē-əl) adj.
con·ser′va·tor·ship′ n.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

conservatorship

(ˈkɒnsəveɪtəˌʃɪp)
n
(Law) law US the legal status of a person appointed by a court to protect the interests of someone, such as a child, who is unable to manage his or her own affairs
Collins English Dictionary – Complete and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014
References in periodicals archive ?
Megan Waugh practices in all areas of probate, trusts and wills, including probate litigation, trust litigation, fiduciary accounting disputes, trust and probate administration, and conservatorships. She represents a number of private professional fiduciaries, has managed numerous complex litigation matters before the probate court and appeared at hundreds of court hearings.
DeMarco added, "The conservatorships of Fannie Mae and Freddie Mac were never intended to be a long-term solution."
Guardianships, conservatorships, and transfers to minors, 2009 revision, 5th ed.
TMZ reported: "There are actually two conservatorships - one over Britney, the person, and the other over Britney's business affairs.
The enterprises' mixed records in achieving their housing mission objectives and the losses and weaknesses that resulted in the conservatorships reinforce the need for Congress and the executive branch to fundamentally reevaluate the enterprises' roles, structures, and business activities in mortgage finance.
Conservatorships are established when a court determines someone cannot take care of themselves or their affairs.
Acourt creates conservatorships when it determines that a person cannot care for themselves or handle their affairs.
The bill also requires probate courts to review conservatorships, including the financial records related to the conservatorship, within six months after appointment of the conservator and annually thereafter.
These resolutions include 262 conservatorships that were inherited from the Federal Deposit Insurance Corporation (FDIC) on August 9, 1989.
As a result, President Bush in the early days of his administration acted to place insolvent S&Ls in federal conservatorships while the Congress developed legislation to address the fundamental structural, regulatory, and deposit insurance problems in the thrift industry.
Changes enacted since 1987 have made it particularly difficult for the casual observer to detect differences among the three forms of insolvency resolution: receiverships, conservatorships, and bridge banks.
This website will ease the task of an online search for an attorney in the area of probate, estate administration, guardianships, conservatorships or estate planning for opposite-sex and same-sex couples.