Guardianships and conservatorships: accounting exemptions.

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

Guardianships and conservatorships: accounting exemptions.

AB 2090, as introduced, Macedo.

What This Bill Does

• AB 2090, as introduced, Macedo.
• Guardianships and conservatorships: accounting exemptions.
• Existing law governs the establishment of conservatorships and guardianships.
• Existing law requires guardians and conservators to file inventories and accountings of estates with the court.

Limits and Unknowns

• This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Official Summary Text

AB 2090, as introduced, Macedo.
Guardianships and conservatorships: accounting exemptions.
Existing law governs the establishment of conservatorships and guardianships. Existing law requires guardians and conservators to file inventories and accountings of estates with the court. Existing law authorizes the court to make an order that a guardian or conservator is exempt from making that accounting if certain conditions are satisfied, including, among others, that the estate at the beginning and end of the accounting period, exclusive of the residence of the ward or conservatee, consisted of a total net value of less than $15,000, and that the income of the estate for each month of the accounting period, exclusive of public benefits payments, was less than $2,000.
This bill would expand the authority of the court to make that exemption if the total net value of the estate, exclusive of the residence of the ward or conservatee, is less than $30,000, and if the monthly income of the estate, exclusive of public
benefit payments, is less than $3,200, subject to the other statutory conditions being met.

Current Bill Text

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