Financial conservatorship is a legal arrangement where a competent adult or organization is appointed to manage the financial matters and assets of someone who is unable to do so themselves. This could be due to age, illness, or disability. The conservator is responsible for making decisions regarding the individual's finances. The main goal of a financial conservatorship is to protect the individual and their assets, ensuring that their financial affairs are handled in their best interests. It is a serious responsibility that requires careful oversight and adherence to legal guidelines to safeguard the individual's financial well-being.
Northwest Payee provides subsidized accounting systems & services for the daily accounting of funds managed by a Conservator using technology that can be transparently reviewed by the Conservator at any time.