What should be obtained for all transactions during the conservatorship process?

Obtaining receipts for all transactions during the conservatorship process is essential because receipts provide clear documentation of financial activities. This record-keeping is vital for transparency and accountability, ensuring that all transactions can be verified. It helps to protect the conservator from potential claims of misappropriation or misuse of funds. Additionally, having receipts serves as proof of expenses and can be crucial in preparing financial reports or audits, as well as maintaining the integrity of the conservatorship.

While it is important to consider aspects such as legality and local authority approvals in specific contexts, the most practical and universally applicable requirement for conservatorship transactions is the procurement of receipts. This practice establishes a clear financial trail that can be referenced in monitoring the effectiveness and appropriateness of the conservator's actions.