Ask the Piggy Bank: What is a Conservator?

Over this weekend I have received a couple of questions prompted by the latest in the Britney Spears drama. After seeing that Britney Spears’ dad has been named her temporary conservator, I received these two questions:
What is a conservator?
and
What does a conservator do?
The answer to these questions are good to know, since they touch on family finances.
A conservator is someone who takes care of another person. It is a essentially a legal guardian. Someone who can’t take care of themselves is called a conservatee. Decisions about the person are made by the conservator, and should be made in the best …read more