There are two types of conservatorships granted and overseen by the Probate Court: conservatorships for minors and conservatorships for adults.

• Minor conservatorships are created so that someone, usually a parent, can preserve significant assets that belong to a minor ward and increase their value as much as possible before turning them over to the ward when they turn 18. The money that is the subject of a conservatorship belongs to the minor ward, not to the conservator, and generally may not be used to provide routine care and support for the minor.  Select the link for more details regarding minor conservatorships.
• The function and purpose of an adult conservatorship is different than that of a minor conservatorship in a couple of respects. First, adult conservatorships are not typically restricted: the funds of an adult ward are designed to be used for the ward’s current needs and expenses (as opposed to being preserved to be turned over on some future date).  Select the link for more details regarding adult conservatorships.