HB 6272 Summary

• Requires court approval before a conservator can sell, dispose of, mortgage, pledge, or place a lien on a protected individual's real property or home.

• Court must hold a hearing with notice to interested persons and consider evidence of property value before approving such transactions, determining they are in the protected individual's best interest.

• Conservators must record court orders authorizing sales, mortgages, pledges, or liens on real property in the register of deeds; third parties cannot presume conservator authority without recorded order or copy of order.

• Expands conservator bonding requirements when estate cash and readily convertible property exceed statutory limits, with exceptions for restricted accounts, trust-powered institutions, financial hardship, or court-stated reasons.

• Establishes acceptance obligations for attorneys-in-fact under durable powers of attorney, including duties to act in principal's best interest, maintain separate accounts, provide accountings, keep records, and accept financial responsibility for unauthorized transactions.