MS HB1437

Authorizes courts to approve protective arrangements or transactions for a protected person without appointing a full conservator, including property sales, mortgages, leases, annuity contracts, life care contracts, and trust establishment

Permits courts to appoint a "special conservator" with limited authority to assist with a specific authorized transaction, who serves only until the transaction is completed and reported to the court

Requires courts to consider the interests of creditors and dependents before approving protective arrangements, and to evaluate whether the protected person needs ongoing conservator protection

Amends existing guardianship and conservatorship statutes (Sections 93-13-38 and 93-13-259) to explicitly allow appointment of guardians or conservators for single transactions

Effective date of July 1, 2014