Conservatorships
As with Probate and Trust sales, we are also familiar with buying and selling properties that are held in Conservatorship and are well equipped to help our Clients with these transactions including everything from pre-listing preparation through the close of escrow. So, if you have a property in a Conservatorship that you’re interested in SELLING or BUYING please let us know and we would be happy to help!
What is a "Conservatorship"?
The PROBATE COURT also handles “Guardianships” and “Conservatorships.” A Conservatorship is a legal concept where a “Guardian” or “Conservator” is appointed by the Court to manage the financial affairs and/or daily life of another. The “Conservatee” is the person determined by the Court to be unable to protect and manage their own personal care or financial affairs, or both.
What is a "Conservator of the Estate" vs. a "Conservator of the Person"?
A “Conservator of the Estate” is a person who handles the Conservatee’s financial matters, such as paying bills and collecting a person’s income, if the Court determines the Conservatee cannot perform those functions. A “Conservator of the Person” is a person appointed by the Court that cares for and protects an individual when the Court determines that the individual cannot provide for their own care.
For additional information concerning Probate, Trusts and Conservatorships, you can also visit the CALIFORNIA COURTS JUDICIAL BRANCH website, the LOS ANGELES SUPERIOR COURT PROBATE website, the CALIFORNIA LEGISLATIVE INFORMATION website (for the Probate Code) and our GLOSSARY.*
*Please note that the foregoing is for informational purposes only and does not constitute legal advice. For legal advice concerning any and all aspects of Probate, Trusts or Conservatorships, you should contact your attorney.