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Paw Paw - Conservatorships |
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Contact our Estate Planning attorneys:
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Kalamazoo
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269-324-6000
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Battle Creek
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269-968-5000
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Three Rivers
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269-273-7800
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Sturgis
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269-659-6161
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Coldwater
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517-278-6800
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Dowagiac
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269-782-2500
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Fax
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269-585-5926
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Statewide
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800-294-5055
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In a conservatorship, the probate court appoints a person to receive, invest, and disburse a minor's assets. The probate judge determines how the money is to be invested. The money can only be spent for the minor if the probate judge consents. On the minor's eighteenth birthday, the conservatorship terminates and, if mentally competent, the assets are given directly to the minor. This occurs irrespective of the minor's ability to manage his or her own finances.
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