Meaning of “conservator” in the English Dictionary

"conservator" in Business English

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conservatornoun [ C ]

uk /kənˈsɜːvətər/ us US LAW

a person who is chosen by a law court to look after the property of a person who is not able to do this for him- or herself, for example, because of illness:

The conservator is given the authority to make financial decisions and handle your financial affairs, when you lack the capacity to manage them on your own.
appoint a conservator

I need to set up a conservatorship to use my mother's assets to pay for her nursing care.

(Definition of “conservator” from the Cambridge Business English Dictionary © Cambridge University Press)