Fidura

Form 30, the Inventory of Ward’s Estate

The sworn list of the estate an Arkansas guardian takes over, each item valued net of any lien.

By Fidura staff. Last reviewed .

Who files
The guardian of the estate, of an adult or a minor
It follows the rule for a decedent’s inventory.
When it’s due
2 months after you qualify, unless the court sets another time
Ark. Code §28-65-321 (opens in a new tab), §28-49-110(a) (opens in a new tab)
Where
The probate division of the circuit court that appointed you
The court may order the property appraised.
The form
Official Probate Form 30
The court’s copy (PDF) (opens in a new tab)

You sign an affidavit that it is complete and accurate. §28-49-110(a)(2) (opens in a new tab)

What it asks for

List everything the ward owned when you were appointed, at its fair market value on the day it came under your control.

The two months run from when you qualify, usually when your letters issue: once your bond is approved or, with no bond, once you file your written acceptance. §28-65-216 (opens in a new tab)

The parts of Form 30
PartWhat goes there
Real estateLegal description and the ward’s share, with any liens
Household goods and personal effectsFurniture, household and yard equipment, clothing, jewelry
Other tangible personal propertyVehicles, farm equipment, livestock, crops, merchandise, a business
Intangible personal propertyCash, bank deposits, bonds, stocks, notes and accounts owed to the ward
SummaryTotal real property, total personal property, total estate

Each list has three columns: a description, any liens against the item and their amounts, and the net value.

Common mistakes

Gross value where the form asks for net

A house worth $140,000.00 with a $32,000.00 mortgage goes in at $108,000.00. Name the lien and its amount in the middle column.

A bank account with no bank named

For money on deposit the form asks for each bank’s name and address. Bonds and stocks need their issuer, class and serial or certificate numbers.

Skipping what you owe the ward

You swear that you are not indebted or obligated to the ward except as stated. If you owe the ward money, say so on the form.

Property found after filing

Correct errors and omissions with a supplemental inventory, or in your next account. §28-49-110(b) (opens in a new tab)

Your first account

The first item on your first Form 31 is the value of the estate this inventory shows.

Sources

Also for Arkansas: Form 31, Accounting by Guardian

We make Fidura, guardianship accounting software built on a reconciled register for each ward. See the product

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