Section 633.647 - Powers of conservator subject to the approval of the court.

IA Code § 633.647 (2019) (N/A)
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633.647 Powers of conservator subject to the approval of the court.

Conservators shall have the following powers subject to the approval of the court after hearing on such notice, if any, as the court may prescribe:

1. To invest the funds belonging to the ward.

2. To execute leases.

3. To make payments to, or for the benefit of, the ward in any of the following ways:

a. Directly to the ward.

b. Directly for the maintenance, welfare, and education of the ward.

c. To the legal guardian of the person of the ward.

d. To anyone who at the time shall have the custody and care of the person of the ward.

4. To apply any portion of the income or of the estate of the ward for the support of any person for whose support the ward is legally liable.

5. To compromise or settle any claim by or against the ward or the conservator; to adjust, arbitrate, or compromise claims in favor of or against the ward or the conservator.

6. To make an election for the ward who is a surviving spouse as provided in sections 633.236 and 633.240.

7. To exercise the right to disclaim on behalf of the ward as provided in section 633E.5.

8. To do any other thing that the court determines to be to the best interests of the ward and the ward’s estate.

[C97, §3225; S13, §3225, 3228-d; C24, 27, 31, 35, 39, §12629, 12640; C46, 50, 54, 58, 62, §670.17, 671.9; C66, 71, 73, 75, 77, 79, 81, §633.647]

88 Acts, ch 1064, §7; 2002 Acts, ch 1086, §3, 21; 2004 Acts, ch 1015, §7; 2005 Acts, ch 38, §55; 2014 Acts, ch 1026, §131

Referred to in §633.648