Q27:   If I am appointed solely as a guardian (with no mention of being appointed a conservator), with possession or control over some or all of my ward’s financial transactions, property, or assets, do I still need to file an Updated Annual Inventory and Accounting every year?

A27:       Yes.  Guardians are required to complete an Updated Inventory and Accounting every year. If you have control over all of your ward’s financial transactions, property, or assets, you must file a complete Updated Inventory and Accounting each year.  If you only have control over some of your ward’s financial transactions, property, or assets, then you need to file an Updated Inventory and Accounting of the ward’s financial transactions, property, or assets over which you do have control.

Remember to refer to your Order of Appointment to see what the Court has specified as your responsibilities to your ward and for reporting.

A28:       Guardians who do not have control of the ward's estate are not required to file with the Court an updated inventory, annual accounting, bank statements, brokerage statements, Office of Public Guardian individual ledgers, or any certificates of possession, but must file a certificate of mailing showing that copies of the guardian's annual report and a notice of right to object form were sent to all interested persons by first-class mail postage prepaid every year unless waived by the court for good cause shown. For purposes of this paragraph, interested persons shall include all those defined in § 6-1433(B)(2).

Refer to your Order of Appointment to see what the court has specified as your responsibilities to your ward and for reporting.