Revises and updates law pertaining to guardianship to encourage ethical conduct by guardians and to provide stronger protections for wards and proposed wards.

This bill updates New Jersey's guardianship laws to strengthen protections for people under guardianship (wards) and those who may be placed under guardianship (proposed wards). It requires legal counsel for all wards throughout guardianship proceedings, mandates regular reports from both guardians of the person and estate to courts (at least every six months), and clarifies that guardians must act in the ward's best interests while considering their preferences. The bill also makes guardians of estates liable for breaching fiduciary duties like trustees, requires courts to review reports annually, and expands who guardians must consider when making financial decisions. These changes aim to encourage ethical conduct by guardians and provide stronger protections for vulnerable individuals.