A minor Conservatorship is necessary if a child inherits money. Another example of a situation in which a minor Conservatorship is needed is when a child is injured and is expected to received money from a settlement or trial. In that case, the Conservatorship is necessary for a parent or legal guardian to approve a settlement on behalf of the child. Finally, a Conservator might be necessary if a child is an owner of real property that is being sold. If there is a single transaction, however, the Probate Court might issue a protective order rather than requiring a full Conservatorship.