Conservatorship; authorize court to allow petitioner seeking approval of minor settlement to perform conservator's duties.

HB 80 would allow Mississippi courts to skip appointing a conservator for minors receiving settlement funds, instead authorizing the person presenting the settlement (the petitioner) to manage the funds directly. The court must verify the settlement is fair, in the minor's best interest, and that a plan exists for the funds, while requiring the petitioner to use money only for the minor's support, education, health, and welfare. The petitioner cannot personally benefit from the funds except for necessary expenses, and any unused portion must be preserved for the minor's future or transferred at adulthood. This streamlines the process for minor settlements without standard conservatorship oversight.