Estates of STEPHEN V. ROSIN et al., Minors, etc. UNITED CALIFORNIA BANK et al., Plaintiffs and Respondents, v. CHARLOTTE V. ROSIN, Defendant and Appellant; Estate of VICTOR M. ROSIN, Deceased. CHARLOTTE V. ROSIN, Plaintiff and Appellant, v. UNITED CALIFORNIA BANK, as Executor, etc., et al., Defendants and Respondents

Holding

The court held that a trial court possesses broad discretion in appointing a guardian of a minor’s estate and in setting a family allowance, and that a parent’s statutory preference under Probate Code section 1407 is not absolute when the parent is not equally entitled in other respects to manage the child’s substantial financial interests, particularly where the parent resides outside the jurisdiction and demonstrates a fiscal approach adverse to the estate’s preservation.