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907.10.v2, the Inventory

A D.C. conservator’s sworn list of what you are entitled to take charge of on the day of appointment. It is filed together with a conservatorship plan.

By Fidura staff. Last reviewed .

Who files
The conservator in an intervention proceeding
A guardian of a minor’s estate uses the same form, within 90 days. Prob. R. 112(c)(1) (opens in a new tab)
When it’s due
60 days after the order appointing you
D.C. Code §21-2064 (opens in a new tab)
Where
The Probate Division of D.C. Superior Court
No filing fee for an inventory or plan.

File it with the plan, a notice of the right to object, and Form 27 under seal if it shows account numbers. Prob. R. 112(b) (opens in a new tab) Serve the inventory and plan within 7 days of filing. Prob. R. 317(b) (opens in a new tab)

What it asks for

Values are as of the day the court appointed you. Mark anything you have not yet got hold of. Prob. R. 112(d), (e)(2) (opens in a new tab)

The parts of 907.10.v2
PartWhat goes there
Real estateLocation and description, assessed value, mortgages, market value
Bank deposits and other moneyLast 4 digits of each account, the amount, the bank, and the name on the account
Notes secured by real estateMortgage notes the ward holds: balance, rate, maker, maturity, terms
Stocks and bondsEach certificate or issue, at carrying value and fair market value
Other securitiesEach listed separately, and where all the securities are kept and in whose name
Personal assetsCars, jewelry, household effects and everything else
BondThe amount, the date it was filed, the surety, and the estate’s value at that date

Real estate may go in at the D.C. assessment or a licensed appraiser’s value. Belongings need an appraisal unless you reasonably believe they are worth $1,000 or less. Cars may use a published price guide, and you may value listed stocks yourself. Prob. R. 112(f) (opens in a new tab)

The plan filed with it

The conservatorship plan (form 904.10.v2 (opens in a new tab)) is written out, with no budget table. It says what services the ward needs and how they will be provided. It also says how you, the guardian and the ward share decisions, and your rules for spending. §21-2065(b)–(c) (opens in a new tab)

If no one petitions to change the plan, the court may place it in the file without review. Prob. R. 317(c) (opens in a new tab)

Common mistakes

Waiting 90 days

Some court pages say 90 days. That deadline is for other fiduciaries, such as a minor’s guardian. A conservator has 60. Prob. R. 112(c)(2) (opens in a new tab)

Full account numbers

The form takes only the last 4 digits. The full numbers go on Form 27, which the court keeps under seal. Prob. R. 109(c)(2) (opens in a new tab)

Filing nothing because there is nothing to list

A ward with no assets still needs an inventory showing none, or a verified statement saying so. Prob. R. 112(g) (opens in a new tab)

Assets found after filing

A new asset, or a value that turns out materially wrong, needs a supplemental inventory. Prob. R. 112(h) (opens in a new tab)

If the ward gets VA benefits, the VA is on the list of people you serve. Prob. R. 317(b)(1)(K) (opens in a new tab)

Your first account

Your first Account and Order starts on the day you were appointed. Its beginning balance comes from this inventory. Prob. R. 113(c)(1)(A) (opens in a new tab)

It is due 30 days after the first anniversary of your appointment, with the court costs on the estate’s value. Prob. R. 108(a)(6) (opens in a new tab)

Sources

Also for District of Columbia: Account and Order, Accounting

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

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