I have a bank account made from a insurance settlement i got from an accident i was in as an infant, it was court restricted, so no one has been able to touch it except me when im eighteen, now that I am turning eighteen very soon I want to know more about it to better plan my future and college, it says on the paper that I am the "conservatee" and my mom is the "conservator", i dont know if this question can be answered, like if it is unique to each persons situation, but does that mean my mom will have any access to it? like being my guardian? I plan to move out so i dont want her to consume the only ignition i have to my new life.
Answer1:While you were a minor, your mom was appointed to be the guardian of your money (Conservator). Once you reach majority age, you should get a letter placing the account in your name. If you dont get such a letter, talk to an attorney to get it done.
Monday, January 5, 2009
What does Conservatee and Conservator mean Bank account
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