CONSERVATOR

conservator (k<<schwa>>n-s<<schwa>>r-v<<schwa>>-t<<schwa>>r orkon-s<<schwa>>r-vay-t<<schwa>>r), n. A guardian, protector, or preserver. • Conservator is the modern equivalent of the common-law guardian. Judicial appointment and supervision are still required, but a conservator has far more flexible authority than a guardian, including the same investment powers that a trustee enjoys. The Uniform Probate Code uses the term conservator, and Article 5 is representative of modern conservatorship laws. — conservatorship,n.

managing conservator. 1. A person appointed by a court to manage the estate or affairs of someone who is legally incapable of doing so; GUARDIAN(1). [Cases: Guardian and Ward  1.] 2. In the child-custody laws of some states, the parent who has primary custody of a child, with the right to establish the child’s primary domicile. See CUSTODY. [Cases: Child Custody  28.] possessory conservator.See noncustodial parent under PARENT. [Blacks Law 8th]