conservator (k[schwa]n-s[schwa]r-v[schwa]-t[schwa]r orkon-s[schwa]r-vay-t[schwa]r), n. A guardian, protector, or preserver. • Conservator is the modern equivalent of the common-law guardian. Judicial appointment and supervision are still required, but a conservator has far more flexible authority than a guardian, including the same investment powers that a trustee enjoys. The Uniform Probate Code uses the term conservator, and Article 5 is representative of modern conservatorship laws. — conservatorship, n.
managing conservator.
1. A person appointed by a court to manage the estate or affairs of someone who is legally incapable of doing so; GUARDIAN(1). [Cases: Guardian and Ward 1.]
2. In the child-custody laws of some states, the parent who has primary custody of a child, with the right to establish the child’s primary domicile. See CUSTODY. [Cases: Child Custody 28.]
possessory conservator. See noncustodial parent under PARENT.
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