particularly when it comes to those with estates valued at over $1 million.
The law emphasizes transparency and requires conservators overseeing estates valued at more than $1 million to register as professionals and receive training,. It also gives conservatees more control over their legal representation and includes a penalty of up to $50,000 for conservators that courts find have not acted in the best interest of a client.
RELATED VIDEO: Britney Spears' Father Jamie Speaks Out After Conservatorship Suspension: 'Frankly, a Loss for Britney' "This bill saw unanimous support throughout the process because we know there are systemic failures when it comes to conservatorships in California," Assemblymember Evan Low, who introduced the bill,"We've seen the heartbreaking case of Britney Spears play out in the public eye, but there are hundreds — if not thousands — of other cases in which families are struggling," Low said.
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