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Guardianship or Conservatorship

In New Mexico, guardians and conservators are appointed through the District Court, with each party being appointed to serve a specific purpose. These two parties are appointed for an individual when he/she can no longer make his/her own decisions. Guardians and conservators can be individuals or they can be corporate entities. Guardians manage where the individual lives, the type and amount of care he/she receives, and his/her healthcare decisions. Conservators manage the individual's assets, ensure that relevant assets are protected, and assist in planning for the individual's financial well-being in the future. Although each party plays a separate role for the individual that they are protecting, they must often work in concert to ensure the complete safety and well-being of the said individual if they are different parties. If you or your loved one live in a state other than New Mexico, some of the information in the video and in this description may not be applicable to your situation. If you need more information, you are advised to consult a professional in your state of residence who can explain local laws and guidelines that apply to you.