Rule 112 Conversion to Small Conservatorship

If a conservatorship has only a small amount of money or property left, the person managing it (the conservator) can ask the court to switch it over to a simpler process called a small conservatorship. This happens when the total value of the assets falls below a certain limit set by law. Instead of the conservator continuing to manage the funds, the money gets handed over to the clerk of the court to look after instead.

To make this switch, the conservator has to file a few things with the court at the same time. This includes a formal resignation from the job, a full accounting showing all the money that came in and went out since they started (or since the last accounting the court approved, whichever is more recent), and a signed statement agreeing to let the clerk of the court take over.

Once the assets are actually transferred to the clerk, the conservator's job is officially done and they are released from their duties. This process gives families a simpler way to handle small amounts of money without needing a conservator to keep managing it long term.