Q: What would be examples of a conservator having a financial Interest in a minor's estate?
A:
Ah, yes - conservatorships can be tricky to navigate without legal counsel!
To answer your question: a potential conservator would have an interest in the minor child's estate if the minor child and the potential conservator BOTH have an interest in the same property.
For example, if an individual dies without a Will in the State of Georgia, the surviving spouse and the minor children would both have an interest in the estate that is created following the death of the individual. So, the wife and the kids would all have an interest in the house. This would mean that the potential conservator (the wife/mom in this example) would have a financial interest in the minor's estate (i.e. the minor's share of the house).
Need more help? Give my office a call, and we'd be happy to help. Good luck!
Jammie Taire agrees with this answer
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