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The intervention leading to the conservatorship of these two entities has become the largest in government history, and was justified as necessary step to prevent the damage to the financial system that would have been caused by their failure. Entities like this are considered "too big to fail". [17] [18] [19] [20]
A conservatorship is a legal arrangement that grants a guardian the authority to manage the affairs of an individual, or conservatee, who may have physical or mental limitations.
The sole managing conservator takes sole responsibility for a child, making all the important decisions regarding health (both mental and physical), education, and moral or religious upbringing alone. [10] [12] Conservatorship orders divide various parental rights and duties, including (1) the right to make major decisions regarding the children;
Text warning about an elderly dad falling for a deepfake scam, suggesting legal conservatorship to prevent financial harm. Comment discussing financial guardianship in response to elderly dad ...
A conservatorship is a legal arrangement in which one or multiple guardians are appointed to make important decisions — often financial or health-related — for someone who is considered unable ...
The Pennsylvania legislature passed Act 135 in 2008. The act established property conservatorship as a mechanism to address blight. [1] The act was designed to provide community members with standing to petition for the right to rehabilitate and take ownership of abandoned properties.
Britney Spears has been living under a conservatorship for 13 years. (Photo: ... To the extent Mr. Spears believes he can try to avoid accountability and justice, including sitting for a sworn ...
A conservatorship may also apply to corporations and organizations. Spears was under a probate conservatorship, [citation needed] a type of conservatorship that mostly lasts indefinitely. [24] The conservatorship may be of the "estate", wherein the conservator manages the conservatee's financial affairs and other monetary transactions.