Revises and updates law pertaining to conservatorship to encourage ethical conduct by conservators and to provide stronger protections for conservatees and proposed conservatees.

This bill updates New Jersey's conservatorship laws to strengthen protections for conservatees (people under conservatorship) and proposed conservatees (people who may be placed under conservatorship). It requires conservatees and proposed conservatees to be represented by counsel throughout proceedings, mandates attorneys to personally interview them within 72 hours before hearings, and requires courts to appoint counsel if they cannot afford it. The bill also requires conservators to file detailed financial reports with the court every six months and mandates annual court reviews of these reports to ensure conservators act in the conservatee's best interests. Additionally, it removes a provision allowing any concerned person to initiate conservatorship proceedings and clarifies conservators' fiduciary duties and liability for breaches.