conservatorship

/kənˈsɜrvəˌtɔrʃɪp/
noun
  1. A legal arrangement in which a court appoints a person (the conservator) to manage the financial affairs or daily life of another person who is unable to do so themselves, often due to age, illness, or disability.
    • The elderly woman's family sought a conservatorship to handle her medical and financial decisions.
    • After the accident, the court established a conservatorship for the young man who could no longer manage his own affairs.
    • The judge reviewed the conservatorship annually to ensure the conservator was acting in the person's best interest.
Synonyms
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