What is a Conservator in Oregon?
A conservator is an individual or organization appointed by the court to exercise powers, as authorized or limited, over the protected person’s estate and financial affairs. This can include: income, savings, brokerage and retirement accounts, real property, personal property, business interests, rental property, and other types of investments.
A conservator is required to post a surety bond with the court for the value of the estate being administered to protect the client from financial loss or abuse. The conservator files annual accountings with the court and interested parties to report all financial activities.
A conservator does not make healthcare decisions but may work with health care decision makers in maintaining housing, care and other medical services.