Conservator Bond

A conservator is a person that is legally appointed to manage a person's interest(s) when said person is incapable of managing him or herself due to mental incompetence.

Conservators can also be called guardians or entities.

A Conservator Bond is required when a person is incapable of dealing with his or her own affairs, and a guardian is appointed to said person to make sure that the affairs are dealt with properly.

Conservator Bonds ensure that the guardian fulfills his or her duties honestly and fairly. The bonds cover any losses to the estate should the guardian take part in any activity that damages the estate or the individual of whom they are managing.