One woman described losing everything to trustees, whose fees landed the onetime philanthropist on food stamps. Another lamented a $182,000 bill for nine months' work billed to her ex-husband's estate.
Their pleas for help came in the first public hearing over proposed reforms since this newspaper's investigation "Loss of Trust" exposed how permissive Santa Clara County's court has been over the years as some private conservators hand six-figure bills to incapacitated adults under the court's watch.
Less than a month after the newspaper's story, the court convened a panel that has proposed new rules to curb fees that, in some cases, are double what neighboring counties allow.
Local judges vote Nov. 15 before sending the new rules to state officials.
If approved, as of Jan. 1, conservators here would be expected to charge hourly rates between $115 and $165 -- half what many now charge. Routine tasks such as opening mail and grocery shopping could not be billed at rates higher than $55 an hour.
Realtor Richard Calhoun said the proposed changes sound good but do not go far enough. "Cutting the hourly rate is fine," Calhoun said, "but they could double the work that they do."
Walsh told the crowd that the court is committed to change, noting that Santa Clara County is likely to pass the strictest set of guidelines on conservator fees in the state. But he described the difficulty crafting rules that are not "too strict," thereby driving away "caring and capable people."
Full Article and Source:
Rate Change Plan Seeks to Rein in Expensive Estate Manager Fees
See Also:
Special Report: Loss of Trust
5 comments:
Hey, how can I get that job for $55 an hour?
That was the public hearing, but I understand the hearing after this one was private. Why's that?
Let's hope those people do the right thing.
Assemblymember Jim Bealle appears to want to champion the cause, but why would he allow the second conservatorship "reform" hearing to be closed to the public? It doesn't add up.
55 dollars and hour, check out Peter Musante Sr. he gets 80 dollars and hour in St. Pete., Florida. And that is for driving and talking! and of course he has his 40 hour course certificate, no criminal record and he did graduate from high school and after moving to Florida, got his Florida drivers licence. A group of Judges, Attorneys and guardians decided that 45 dollars an hour was not enough for what they do, so they formed a committee of themselves to vote to raise their fees to 75 dollars an hour. Peter Musante Sr. of Florida just has his attorney, Ed Culbertson of Florida, just cross out 75 and make it 80! That is fine with Judge Patrick Caddell of Florida, he must have missed the meeting!
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