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If they are no longer able to make healthcare or financial decisions for themselves, a conservatorship may be the only solution. Conservatorships are designed to help those whose mental or physical capacity prevents them from making key decisions for themselves. If an elderly loved one has failed to designate durable healthcare or financial powers of attorney, then a conservatorship may be required. Sometimes a legal court may even need to step in to assign a conservatorship if no one has been designated to care for such an individual.