What is one of the obligations of a conservator acting as a financial planner and estate manager?

A conservator acting as a financial planner and estate manager has the obligation to act for another's benefit. This means that their primary responsibility is to ensure that the financial and personal interests of the conservatee (the individual under conservatorship) are prioritized. The conservator must manage the conservatee's assets and make decisions that are in their best interest, promoting their well-being and ensuring their financial security.

This commitment involves making informed choices about investments, expenditures, and overall financial planning, while also considering the preferences and values of the conservatee. The role requires a strong ethical framework and a dedication to safeguarding the interests of those they serve. Neglecting these responsibilities or acting contrary to the conservatee's needs would undermine the fundamental purpose of the conservatorship. Thus, acting for another's benefit is not just a legal requirement; it is a cornerstone principle that guides the actions of conservators in their role.