Conservatorship
Understanding Conservatorship and Real Property Sales
A Conservatorship is a legal arrangement established by a court to protect an individual—known as the Conservatee—who is physically or mentally unable to care for themselves or manage their own finances. The court appoints a responsible person or entity, called the Conservator, to manage these affairs.
There are two primary types of conservatorship:
- Conservatorship of the Person: The Conservator manages the Conservatee's personal care, including decisions about food, clothing, housing, and medical treatment.
- Conservatorship of the Estate:
The Conservator manages the Conservatee's financial assets, including income, investments, and real property.
Selling Real Property in a Conservatorship of the Estate
As a Conservator of the Estate, you act in a fiduciary capacity, managing the Conservatee's most significant assets—often real property like a primary home or investment units—under the strict guidance of the California Probate Code. Selling this real estate is a specialized, court-supervised process that requires the court's confirmation and must strictly meet the "best interest" standard to fund the Conservatee's care or needs. To navigate these complex legal requirements, minimize your personal liability, and ensure the property sale achieves maximum value for the estate, partnering with a specialist is essential.
With decades of experience representing Conservators in these complex, court-supervised transactions, I work seamlessly with your legal and financial team to guarantee strict compliance and the most successful outcome. If you are contemplating the sale of real property, please contact us today for a free, confidential consultation.
