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.