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Committee hears bills to require court notice and bonding when guardians or conservators find significant assets
Summary
Sponsors told the Rules Committee HB 57‑40 would require guardians to notify the probate court within 14 days upon discovering a ward has property worth more than $25,000; HB 57‑39 would require conservators to furnish a bond for significant assets unless an exception applies. Supporters said the changes strengthen court oversight to guard vulnerable individuals from financial abuse.
Representatives presenting HB 57‑39 and HB 57‑40 said the package clarifies the role of the probate court when previously undisclosed assets are discovered in guardianship or conservatorship cases. "House bill 57‑40 requires action when a guardian discovers that a ward has property valued at more than $25,000," a sponsor told the committee, describing a required 14‑day notice and a petitioning…
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