The latest guardianship news is about Britney Spears. It is reported that Britney has been placed in a California conservatorship where her finances are now being controled by her father and an attorney.
A court creates a conservatorship when it concludes a person no longer can care for him/herself or his/her personal and financial affairs.
More information on Britney's case:
Spears' parents go to court for conservatorship hearing