Is a guardian and conservator compensated for his or her efforts?
A guardian and conservator may receive compensation for the services that he or she renders. The compensation is typically based on the amount of assets owned by the incapacitated and is calculated on an annual basis. In addition, the guardian is entitled to reimbursement for reasonable expenses incurred in the discharge of his or her duties.
More Guardianship and Conservatorship FAQs
- How is a guardianship or conservatorship established?
- Is a conservator personally liable for the incapacitated?
- Is a guardian and conservator compensated for his or her efforts?
- Is a guardianship or conservatorship necessary?
- Once appointed, can a guardian and conservator do anything they want to assist the incapacitated?
- What is a conservatorship?
- What is a guardianship?
- What reporting responsibilities do I have as a guardian?