Recent Examples on the WebIn Texas, there are three types of conservatorships with a child: a joint managing conservator, a sole managing conservator and a possessory conservator. Gabriela Miranda, USA TODAY, 24 June 2021 After the possessory term, the other half of the home can transfer to a separate QPRT for the prime benefit of the descendants. Alan Gassman, Forbes, 3 June 2021 The numbers were based on sales, hotel, property and possessory interest taxes. Phillip Molnar, sandiegouniontribune.com, 12 July 2018