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Below is a list of the most common customer questions. If you can’t find an answer to your question, please don’t hesitate to reach out to us.
How do you appoint a conservator?
How is a guardianship or conservatorship set up? Someone interested in the individual's welfare must file a petition in Superior Court, Probate Division, requesting appointment of a guardian or conservator. Once the petition is reviewed by the Probate Division and accepted for filing, a hearing is scheduled.
How much money do conservators make?
Conservator fees range from $50 an hour to $135 an hour or more. Trustee and other professional asset manager fees for high-value estates typically run from 1 to 1.5% of the asset value annually.
Is a conservator financially responsible?
A conservator isn't required to support the conservative, just to manage the conservative's own assets and make personal decisions for him or her. A financial conservator does have the responsibility to seek all financial benefits and coverage for which the conservative may qualify.
How much does art restoration cost?
He says a small painting with an average amount of restoration work can cost $800 to $1,000. A larger painting with damages can cost $10,000 to $15,000. Grants to fund conservation come from a variety of sources.
How much do art restorers make UK?
A minimum salary of £24,648 for entry-level conservators is recommended by The Institute of Conservation (Icon). As a middle-ranking conservator, you can expect to earn an average salary of £27,500, rising to £30,000 for senior conservator roles.
Can a conservator be a family member?
While it is most common for a family member or close friend to be appointed conservator, there are organizations that, for a fee, handle all decisions for the incapacitated person. This is most common when there is no family available.
Who can be a conservator?
If a court appoints someone to take care of financial matters, that person is usually called a “conservator of the estate,” while a person in charge of medical and personal decisions is a “conservator of the person.” An incapacitated person may need just one type of representative, or both.
What is a conservatorship account?
The term conservatorship account refers to a financial account in which a person or institution has been appointed by a court to manage and preserve the assets of an individual which are held in the account.
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