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G-05, the Guardian’s Inventory

Pennsylvania’s inventory for the estate of an incapacitated adult. Besides the money, it asks about the ward’s care and medical wishes.

By Fidura staff. Last reviewed .

Who files
The guardian of the estate of an incapacitated adult
For a minor it’s G-04, due three months after the property comes to you. 20 Pa.C.S. §5142 (opens in a new tab)
When it’s due
90 days after appointment
Pa.R.O.C.P. 14.8(a)(1) (opens in a new tab)
Where
The Orphans’ Court in the county that appointed you
Online in GTS (opens in a new tab), or on paper with the clerk.

If your order names people to notify, serve them a notice of filing (Form G-07) within 10 days. Rule 14.8(b) (opens in a new tab)

What it asks for

Attach any bond and any professional liability policy. Homeowner’s and auto policies are provided only if asked for. You sign a verification under 18 Pa.C.S. §4904 (opens in a new tab).

The parts of G-05
PartWhat goes there
I IntroductionInitial or amended
II AssetsEach bank account, property and burial account, with its value and any co-owner; insurance and any safe deposit box
III Annual incomeA yearly amount for each of 16 named sources, plus Other
IV LiabilitiesEach debt, the lender and the amount
V Guardian coverageAny bond, and professional liability coverage
VI Personal care planWhere the ward lives and whether they can stay at home with help
VII Financial planIncome against expected expenses, and benefits applied for
VIII Medical informationA do-not-resuscitate order, a health-care agent, a will, funeral wishes

Common mistakes

Monthly income instead of yearly

Part III asks for a yearly amount for each source. A monthly benefit goes in times 12.

An income gap with no plan

Part VII asks whether income covers the ward’s needs. If it doesn’t, say whether principal is available with a court order.

Assets found after filing

File an amended inventory (Part I has a box for it), and list them on your next G-02 under Part V, question 2.

Your first report

Your first G-02 is due on the first anniversary of appointment. Rule 14.8(a)(2) (opens in a new tab) Its summary starts from “the value of the assets reported on the Inventory”.

Sources

Also for Pennsylvania: G-02, Report of Guardian of the Estate

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

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