What it asks for
The law asks for a detailed inventory of the estate under the conservatorship, with an oath. It sets no format and no valuation date, so state the date your values are as of.
| Part | What goes there |
|---|---|
| Bank accounts | Each account, with its bank, last four digits and balance |
| Real property | Each parcel, in Hawaii or elsewhere, by address, with its value |
| Investments | Stocks, bonds, mutual funds and retirement accounts, with their values |
| Personal property | Vehicles, jewelry and other belongings worth listing, with their values |
| Oath | Your statement that the inventory is complete and accurate as far as you know |
A limited conservatorship covers only the assets its order names. Your letters state the limit. §560:5-110 (opens in a new tab)
Common mistakes
Counting from the letters
The 60 days run from entry of the order. Letters issue only after you accept and post any bond, so the clock can start before you hold them. §560:5-110 (opens in a new tab)
Investing before the court allows it
An individual conservator needs the court’s permission first to buy stocks, mutual funds or other investments. HPR 107(d) (opens in a new tab)
Accounts left in her name
Unless the court orders otherwise, you keep two interest-bearing accounts at a federally insured institution located in Hawaii. Each is titled to you as conservator of the protected person. Your lawyer is responsible for setting them up. HPR 107(c) (opens in a new tab)
Your first account
Your appointment order sets how often you account: yearly unless the court directs otherwise. §560:5-420(a) (opens in a new tab) Your first account lists the same estate at the end of its period, at current fair market value, and proposes a budget for the next one. HPR 26, 108 (opens in a new tab)
Sources
- HRS §560:5-419 (opens in a new tab), when the inventory is due and the oath
- HRS §560:5-404 (opens in a new tab), notice of the filing
- HRS §560:5-110 (opens in a new tab), letters, bond and limits on the estate
- HRS §560:5-420 (opens in a new tab), how often you account
- Hawaii Probate Rules 26, 107, 108 (opens in a new tab), Hawaii State Judiciary
Also for Hawaii: Conservator’s Petition for Approval of Accounts
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