What is the primary goal of a fiduciary when managing a conservatorship?

The primary goal of a fiduciary when managing a conservatorship is to serve the best interests of the conservatee. A fiduciary has a legal and ethical obligation to prioritize the welfare of the individual under their care, ensuring that decisions made reflect the conservatee's needs and preferences. This includes managing financial resources prudently, making healthcare decisions in alignment with the conservatee's best interests, and advocating for their well-being.

In a conservatorship situation, the fiduciary is expected to act with a high degree of loyalty and care, always keeping the conservatee's needs at the forefront. This principle is foundational to fiduciary duty, emphasizing that the fiduciary must not exploit their position for personal gain or control over resources. Therefore, the emphasis is on protection and support for the conservatee, making this approach essential in such roles.