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What is a Guardianship or Conservatorship?  Guardianships and conservatorships are court-created and court-supervised relationships between two people.  In a guardianship a person, called the “guardian,” is given authority to act for the other person, called the “protected person” (or, previously, the “ward”). A conservatorship is based on the same principle, but the person given authority to make decisions for the protected person is called a “conservator.”