by admin | May 13, 2021 | Family Law, Mississippi
Except as otherwise provided in Section 414 or qualified or limited in the court’s order of appointment and stated in the letters of conservatorship, and unless contrary to a conservator’s plan under Section 419, the conservator may expend or distribute...
by admin | May 13, 2021 | Family Law, Mississippi
(1) Except as otherwise provided in Section 414 or qualified or limited in the court’s order of appointment and stated in the letters of conservatorship, a conservator has all powers granted in this section and any additional power granted to a trustee by law of...
by admin | May 13, 2021 | Family Law, Mississippi
(1) Unless the inventory requirement has been waived, not later than ninety (90) days after appointment, a conservator must prepare and file with the appointing court a detailed inventory of the conservatorship estate, together with an oath or affirmation that the...
by admin | May 13, 2021 | Family Law, Mississippi
(1) If required by the court, a conservator must file with the court a plan for investing, protecting, managing, expending, and distributing the assets of the conservatorship estate no later than ninety (90) days after the court’s order of appointment or order...
by admin | May 13, 2021 | Family Law, Mississippi
(1) A conservator is a fiduciary and has duties of prudence and loyalty to the ward.(2) A conservator must promote the self-determination of the ward and, to the extent feasible, encourage the ward to participate in decisions, act on the ward’s own behalf, and...
by admin | May 13, 2021 | Family Law, Mississippi
(1) The following rules apply to the bond required under Section 416: (a) Except as otherwise provided by the bond, the surety and the conservator are jointly and severally liable.(b) By executing a bond provided by a conservator, the surety submits to the personal...
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