California AB2090 exempts guardians or conservators from presenting accounts if the estate's net value is under $30,000 and monthly income is under.
California AB2090 amends the Probate Code to allow courts to exempt guardians or conservators from presenting accounts if the estate's net value is under $30,000 and monthly income is under $3,200, provided all income was spent for the ward or conservatee's benefit. This exemption applies unless the ward, conservatee, or any interested party petitions the court for an account. This change aims to reduce administrative burdens for guardians and conservators managing smaller estates.
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