California AB586 regulates professional fiduciary services, requiring licensing and oversight by the Professional Fiduciaries Bureau.

AB586 amends California law to establish regulations for professional fiduciary services, which include acting as a guardian, conservator, trustee, or personal representative. The bill requires individuals or professional fiduciary professional corporations to be licensed by the Professional Fiduciaries Bureau within the Department of Consumer Affairs. It mandates annual reporting of professional activities, financial interests, and disciplinary actions.

California AB586 regulates professional fiduciary services, requiring licensing and oversight by the Professional Fiduciaries Bureau.

AB586 amends California law to establish regulations for professional fiduciary services, which include acting as a guardian, conservator, trustee, or personal representative. The bill requires individuals or professional fiduciary professional corporations to be licensed by the Professional Fiduciaries Bureau within the Department of Consumer Affairs. It mandates annual reporting of professional activities, financial interests, and disciplinary actions.