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You must also file an Inventory every year thereafter and it is due on the on anniversary date of appointment.This is a list of the Wards assets such as (house, jewelry, furnishings, cars, boats etc.) and how much the assets are worth.This is a budget on how much money the ward has, how much income is coming in, and how much debt there is (house loans, cars loans, credit card debt etc.).The Court will need a budget as to what you need monthly to support the ward. B) Personal Status Reports has to be file to the Court within the first sixty (60) days from the appointment date.
A) An Inventory Asset Management Plan is due within the first 60 days after your appointment.If there is an increase in the cost of care for the Ward, a new Inventory Asset Management Plan may be resubmitted. This report tells the Court how the Ward is doing medically and emotionally, and if the Conservatorship should continue.This report is due yearly on the anniversary date of your appointment. C) An Inventory is required within the first sixty (60) days.For many of our students, financial aid covers their entire tuition costs.The Petitioner has been appointed by the Veterans Affairs and/or the Court as Conservator of all of the Wards’ property, real and personal.
Some Conservators use an appraiser to determine the value of the Estate. D) Annual Returns are due 60 days of the anniversary date of your appointment.