2. The fair market value of the services rendered.

3. Any conflict of interest of the guardian.

4. The availability of another to provide the services.

5. The value and nature of the ward's assets and income, including the sources of the ward's income.

6. Whether the ward's basic needs are being met.

7. The hourly or other rate proposed by the guardian for the services.

(c) The amount of the compensation may be determined on an hourly basis, as a monthly stipend, or on any other basis that the court determines is reasonable under the circumstances. The court may establish the amount or basis for computing the guardian's compensation at the time of the guardian's initial appointment.

(2) Reimbursement of expenses. The guardian shall be reimbursed for the amount of the guardian's reasonable expenses incurred in the execution of the guardian's duties, including necessary compensation paid to an attorney, an accountant, a broker, and other agents or service providers.

(3) When court approval required. A court must approve compensation and reimbursement of expenses before payment to the guardian is made, but court approval need not be obtained before charges are incurred.

54.76 Conservator; appointment; duties and powers; termination.

(3g) If the individual has executed a durable power of attorney before the proceedings under this section, the durable power of attorney remains in effect, except that the court may, only for good cause shown, revoke the durable power of attorney or limit the authority of the agent under the terms of the durable power of attorney. Unless the court makes this revocation or limitation, the individual's conservator may not make decisions for the individual that may be made by the agent, unless the conservator is the agent.

(3m) A person may at any time bring a petition for the appointment of a standby conservator for an individual for whom a conservator has been appointed under sub. (2).

(3n) At any hearing conducted under this section the court may designate one or more standby conservators for an individual for whom a conservator has been appointed under sub. (2) whose appointment shall become effective immediately upon the death, unwillingness, unavailability, or inability to act, resignation, or court's removal of the initially appointed conservator or during a period, as determined by the initially appointed conservator or the court, when the initially appointed conservator is temporarily unable to fulfill his or her duties, including during an extended vacation or illness. The powers and duties of the standby conservator shall be the same as those of the initially appointed conservator. The standby conservator shall receive a copy of the court order establishing or modifying the initial conservatorship and the order designating the standby conservator. Upon assuming office, the standby conservator shall so notify the court. Upon notification, the court shall designate this conservator as permanent or shall specify the time period for a limited standby conservatorship.

(6) The court that appointed the conservator shall have continuing jurisdiction over the conservator. Any of the following, if committed by a conservator with respect to a conservatee or the conservatee's income or assets, constitutes cause for removal of the conservator under sub. (7) (a) 5:

(a) Failing to file timely an inventory or account, as required under this chapter, that is accurate and complete.

(b) Committing fraud, waste, or mismanagement.

(d) Engaging in self-dealing.

(e) Failing to provide adequately for the personal needs of the conservatee from the available income and assets and any available public benefits.

(f) Failing to act in the best interests of the conservatee.

(g) Failing to disclose conviction for a crime that would have prevented appointment of the person as conservator.

(h) Failing to disclose that the conservator is listed under s. 146.40 (4g) (a) 2.

(7) (a) The powers of a conservator may not be terminated without a hearing and may not be terminated unless any of the following occurs:

1. The court removes the conservator on the court's own motion or under sub. (4).

2. The court appoints a guardian for the individual whose income and assets are conserved.

3. The individual whose income and assets are conserved dies.

4. The conservator or individual whose income and assets are conserved changes residence to another state.

5. The court finds cause, as specified in sub. (6), for removal of the conservator.