How often must a conservator account to the court for the administration of the estate?

A conservator is responsible for managing the financial affairs of an individual who is unable to do so, usually due to incapacity. The law requires conservators to provide accountings to the court to ensure transparency and proper management of the estate.

In Arizona, conservators are mandated to file a formal accounting with the court at least once a year. This annual reporting allows the court to review the conservator's actions, ensuring they are acting in the best interests of the individual under their care and maintaining proper financial practices. The annual nature of the accounting reflects an appropriate balance between oversight and allowing conservators to manage the affairs of the estate without excessive reporting burdens.

Other timeframes such as quarterly, bi-annually, or every two years do not align with the statutory requirements set forth for conservators. Quarterly and bi-annual reporting could impose excessive administrative responsibilities, while a two-year interval could lead to insufficient oversight regarding the management of the estate. Therefore, an annual accounting strikes the right balance between accountability and practicality.