Conservator
An individual or public or private agency appointed by a court to provide legal representation for an individual who can no longer manage his or her own affairs.
More Common Terms
- Power of Attorney A legal document granting someone the right to make decisions for another. In the case of an elder, the document may relate to both financial and health care decisions.
- Continuing Care Retirement Community (CCRCs) A residential community that offers a continuum of care from private apartments to skilled nursing care at the same location. It is designed to meet changing needs while allowing residents to avoid relocating.
- Reverse Mortgage A type of loan where an individual borrows against the value of their home and does not have to pay back the principal until the individual sells the home or leaves the home permanently.