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You should have obtained a lawyer early on. As I have said in ur other posts. There is a reason why Dad was appointed a Conservator. Its nice that you all were informed of the sale. But, the Conservator may not have any responsibility towards u other than that. When u allowed the State to interven, you gave up ur right to be involved with Dads care and what happens to his estate. After his death, you may need to put in a claim for monies left but for now he is in someone else's hands.
And no, I don't think he should be told his estate is being sold. It will not change the outcome.
It sounds as though he is under conservatorship both for person and possessions, which means the conservator is able to determine where your father lives, what medical care he receives and how his funds get spent, all with judicial oversight.
You say that the contents of the home are "valuable".
Unless there is a stash of gold coins, the contents of most homes are worth a pittance when up for re-sale. When I cleaned out my parents home of 50 years, most went to Goodwill or went out on the sidewalk. It actually felt pretty good to see folks stop and pick up a treasure or two. Goodwill supports folks who are disabled to get job training. I know, because at the nadir of the Great Recession, they were able to get my husband back in the job market after his age and heart condition made re-employment in the private sector impossible.
Your father's goods, home and funds are all going to be needed to pay for his care. If he didn't want his end game to look like this, then he should have appointed a Power of Attorney and made his wishes clear. Anyone with 1.4M in accounts is told that by their brokerage. If he had a financial advisor, or even if he only read the financial press, he got this message loud and clear. ( I'm making an assumption that there was no PoA. If I'm wrong, forgive me).
This is not a situation of your making. Try to be at peace with it. Those "things" are not your dad.
Are you by any chance a student researching the answer to a test or essay question?
No - I apologise, I hadn't read your profile.
Do you mean to ask whether your father has the right to be kept informed about what is being done with his possessions? The sale is being organised by his court-appointed conservator; it is the duty of that conservator to manage your father's affairs in his best interests. I'm not sure, I don't know if you know? - whether the conservator also has responsibilities for your father's (physical, mental and emotional) welfare?
If he has, or if someone else has, then it is a duty to provide your father with such information as he is able to process. Being as objective as anyone can be about such an emotive issue, do you think it is in your father's best interests for him to be informed about the sale? - how would it benefit your father?
If your father asks about the issue, then he should be told the truth, presented in a way that he is able to understand (which usually means keeping things simple, not false). But burdening him with information that he hasn't shown any interest in and which won't assist him in any way? - to what useful purpose?