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AB 586 would expand professional fiduciary definition, add corporate appointment provisions, DCA analyst says

2638394 · March 14, 2025
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Summary

DCA legislative staff updated the advisory committee on AB 586, introduced Feb. 12, 2025, which would redefine professional fiduciaries to include professional fiduciary corporations and would update probate code requirements related to superior court appointments.

Susan Kilcrease, a legislative analyst in the Department of Consumer Affairs Legislative Affairs Division, gave the advisory committee an update on legislation affecting the bureau, focusing on Assembly Bill 586.

Kilcrease said AB 586 was introduced Feb. 12, 2025, and has been referred to the Assembly…

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