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Introduced Senate Bill (S)

DIGEST

Accountings by guardians and attorneys in fact. Requires a guardian to file with the court a written verified account of the guardian's administration annually. (Under current law, a guardian is required to file an account biennially.) Provides that, unless the power of attorney states that an annual accounting is not required, an attorney in fact is required to file with the court having probate jurisdiction in the county in which the principal (if an individual) resides a written verified accounting at least annually, not more than 30 days after the anniversary of the date on which the power of attorney Accountings by guardians and attorneys in fact. Requires a guardian to file with the court a written verified account of the guardian's administration annually. (Under current law, a guardian is required to file an account biennially.) Provides that, unless the power of attorney states that an annual accounting is not required, an attorney in fact is required to file with the court having probate jurisdiction in the county in which the principal (if an individual) resides a written verified accounting at least annually, not more than 30 days after the anniversary of the date on which the power of attorney became effective. (Under current law, an attorney in fact is not required to render an accounting unless specifically ordered or requested to do so.) Provides that if an accounting is ordered or requested less than 11 months before the anniversary of the date on which a power of attorney became effective, the attorney in fact is excused from filing an annual accounting with the court for the year ending on the anniversary of the date on which the power of attorney became effective. ... View more