What you need
Have the inventory or the last accounting, the year’s statements, and a receipt for every expense. The first accounting begins on the day you were appointed. Each later one begins on the last one’s ending date, and every one ends on the anniversary.
Worksheet B lists each receipt of money by date, and Worksheet C each expense. A declaration at the end asks whether the court approved a monthly budget and whether you kept to it.
The example follows Dorothea Iturbide, an invented protected person whose guardian was appointed 07/15/2024. This is her second accounting, for 07/15/2025 through 07/15/2026. It was due 09/13/2026.
Line 6 must match the Ending Net Asset Value
Line 1 is the Beginning Net Asset Value from Worksheet A: everything the protected person owns, less what she owes. Add income, subtract expenses, and adjust for changes in value and for sales. The form says line 6 “must match the Ending Net Asset Value from Worksheet A.”
| 1. Starting balance | $77,946.54 |
|---|---|
| 2. Gross income (+) | 26,473.18 |
| 3. Expenses (−) | 31,295.67 |
| 4. Adjustments to the value of the assets (+/−) | 1,407.40 |
| 5. Adjustments as a result of any asset sales (+/−) | (1,325.00) |
| 6. Total ending balance | $73,206.45 |
Where the figures came from
| Vehicle | $11,200.00 |
|---|---|
| Jewelry | 3,150.00 |
| Checking account | 4,872.64 |
| Savings account | 36,418.90 |
| Mutual funds | 22,305.00 |
| Beginning net asset value | $77,946.54 |
| Social Security, $1,642.00 × 12 | $19,704.00 |
|---|---|
| Pension, $533.75 × 12 | 6,405.00 |
| Savings interest | 364.18 |
| Running income total | $26,473.18 |
| Assisted living, $2,280.00 × 12 | $27,360.00 |
|---|---|
| Medicare supplement, $212.40 × 12 | 2,548.80 |
| Pharmacy | 693.27 |
| Guardian’s bond premium | 275.00 |
| Clothing and personal needs | 418.60 |
| Running expense total | $31,295.67 |
| Vehicle | $0.00 |
|---|---|
| Jewelry | 3,150.00 |
| Checking account | 9,560.97 |
| Savings account | 36,783.08 |
| Mutual funds | 23,712.40 |
| Ending net asset value | $73,206.45 |
Dorothea has no debts, so both liability columns are empty.
The fund and the car
Her mutual fund paid nothing out, but its price rose from $22,305.00 to $23,712.40. The $1,407.40 increase goes on line 4, with an itemized list attached.
Her car was on Worksheet A at $11,200.00. With the court’s approval, her guardian sold it for $9,875.00. NRS 159.113 (opens in a new tab)
Only the $1,325.00 loss goes on line 5, with its own list. The $9,875.00 went into checking, where it replaced the car on Worksheet A. The form does not say where sale proceeds go. Here they stay off Worksheet B, so line 5 carries only the loss. Either way, line 6 must still match Worksheet A.
Receipts over $250
The form tells the guardian to attach receipts for every expense over $250.00, and to keep the rest.
The statute says an adult’s receipts are kept and filed only if the court orders it. NRS 159.179(4) (opens in a new tab)
For a minor, a guardian other than a public guardian files receipts over $250.00 unless the court waives it. NRS 159A.179(4) (opens in a new tab)
Keep every receipt either way. The court, the protected person, their attorney or any interested person may ask to see them.
After you file
The Notice of Hearing goes to her relatives within the second degree and anyone who asked for notice. If she receives VA benefits, the VA office gets it too. If she is on Medicaid, so does the Nevada Health Authority. NRS 159.034, 159.115 (opens in a new tab)
Anyone interested may object. If no one does, or the court overrules the objection, the court allows and confirms the account. NRS 159.181 (opens in a new tab)
A late account draws a written notice from the court. If you willfully fail to file within two months of that notice, the court may fine you up to $5,000.00, paid from your own money. NRS 159.345 (opens in a new tab)
The final accounting
Use the same form with Final ticked. It is due within 90 days after she dies or the guardianship ends, and within 30 days after you are removed. NRS 159.177(1)(c)–(d) (opens in a new tab)
Common mistakes
A start column that doesn’t match last year
Worksheet A’s start column should be identical to the ending figures of your last accounting or inventory. Copy them over, then fix any difference before you file.
A value change with no list
Lines 4 and 5 each need an itemized list of the changes they add up.
Expenses without their details
Every expense must be itemized. NRS 159.179(2) (opens in a new tab) Worksheet C asks for the payee, the check number and the last four digits of the paying account.
If her estate is worth $10,000.00 or less, the court may grant summary administration and excuse yearly accountings. They start again once it is worth more. NRS 159.076 (opens in a new tab)
Sources
- NV Accounting (opens in a new tab), Nevada Supreme Court Self-Help Center
- NRS 159.034, 159.076, 159.113, 159.115, 159.177, 159.179, 159.181, 159.345 (opens in a new tab), when the account is due, what it shows, its hearing, and a late account
- NRS 159A.177, 159A.179 (opens in a new tab), a minor’s estate
Also for Nevada: NV Inventory, Inventory, Appraisal and Record of Value
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