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Oregon conservator’s inventory

The list of everything an Oregon conservator holds for the protected person, with a value for each item.

By Fidura staff. Last reviewed .

Who files
Every conservator, of a minor or an adult
In the protective proceeding.
When it’s due
90 days after appointment, unless the court allows longer
ORS 125.470(1) (opens in a new tab)
Where
The court that appointed you
The circuit court, or the county court in six eastern counties.
The form
No statewide form
The state’s forms page (opens in a new tab) lists none; the law sets the contents.

Serve a copy on the protected person, in person or by mail, if 14 or older. ORS 125.470(1) (opens in a new tab)

What it asks for

You draft the inventory yourself. The statute and the court rules say what it must hold. ORS 125.470(1) (opens in a new tab) UTCR 9.050(3) (opens in a new tab)

What an Oregon inventory must show
PartWhat goes there
Every item of propertyAll of the protected person’s property you hold or know about
A value for eachYour estimate of its true cash value on the date of the protective order
Restricted assetsMarked as restricted, with the date and title of the order restricting them

Common mistakes

Values as of the day you file

Value everything as of the date of the protective order, not the date you write the inventory.

A restricted account shown as ordinary

Mark it restricted and name the order, with its date and title. UTCR 9.050(3) (opens in a new tab)

Land left off the deed records

If the estate owns real property, record a certified copy of the inventory, or the statute’s short abstract, in each county where the land lies. ORS 125.470(3) (opens in a new tab)

Property found later, never reported

File a supplemental inventory within 30 days of learning of it. Proceeds of a listed asset do not count. ORS 125.470(2) (opens in a new tab)

Your first account

The beginning balance of your first UTCR 9.160 accounting must match this inventory. UTCR 9.160(1)(b) (opens in a new tab) It is due 60 days after the first anniversary of appointment, unless the court orders otherwise. ORS 125.475(1) (opens in a new tab)

Sources

Also for Oregon: UTCR 9.160, Accounting (UTCR 9.160)

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

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