What does conservatorship of the estate involve?

Conservatorship of the estate specifically focuses on the management of an individual's financial affairs and assets when that individual is unable to do so due to reasons such as mental incapacity or disability. This conservatorship allows a designated conservator to make financial decisions, pay bills, manage investments, and handle other monetary matters on behalf of the conservatee, ensuring their financial needs and obligations are met.

In contrast, the other options pertain to different legal responsibilities and concepts. Managing personal care relates to conservatorship of the person, which involves overseeing health-related matters and personal well-being rather than finances. Reviewing the validity of a will is a function of probate court, not conservatorship, since it deals with the distribution of an individual’s estate after death. Appointing guardians for minors relates to child custody and guardianship issues, which are separate from the estate-related responsibilities of a conservatorship.