DIVISION 4. GUARDIANSHIP, CONSERVATORSHIP, AND OTHER PROTECTIVE PROCEEDINGS 1400-3925›PART 4. PROVISIONS COMMON TO GUARDIANSHIP AND CONSERVATORSHIP 2100-2893›CHAPTER 6. Powers and Duties of Guardian or Conservator of the Estate 2400-2595›ARTICLE 5. Compromise of Claims and Actions; Extension, Renewal, or Modification of Obligations 2500-2507
§ 2502
California Probate Code · 2026-09 edition · updated 2026-10-03 · California
Court approval is required for a compromise or settlement of a matter when the transaction requires the transfer or encumbrance of property of the estate, or the creation of an unsecured liability of the estate, or both, in an amount or value in excess of twenty-five thousand dollars ($25,000).
(Enacted by Stats. 1990, Ch. 79.)
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