Get Accounting Summary Form #2 Short Form (estates Less Than ... - Spokanecounty

Filling out the ACCOUNTING SUMMARY FORM #2 SHORT FORM is essential for effectively reporting the financial status of an estate with liquid assets under $80,000. This guide provides clear, step-by-step instructions to help you accurately complete the form while ensuring compliance with necessary guidelines.

Follow the steps to complete your Accounting Summary Form.

1. Click 'Get Form' button to obtain the form and open it in the editor.
2. Enter the estate information for the accounting period, specifying the starting and ending dates in the provided fields.
3. List the total assets at market value as of the beginning of the review period in the designated field.
4. Fill out the income section, detailing amounts for Social Security, SSI, pensions, wages, interest, dividends, and any other income sources.
5. Calculate the total income by summing up all income entries and enter the total in the specified field.
6. Complete the disbursements section, detailing expenses for room and board, personal funds, entertainment and travel, transportation, medical and dental expenses, guardian fees, attorney fees, and any other disbursements.
7. Calculate total disbursements by adding all expense entries and record this in the allotted space.
8. Determine adjustments by noting the net gain or loss in asset value over the accounting period and enter the value in the designated area.
9. Calculate the total assets as of the closing date by using the provided formula: Total Assets = (Line 15 + Line 16 - Line 17 ± Line 18) and confirm that this equals Line 19.
10. Provide an explanation for any large or unusual expenditures or adjustments in the space designated for comments.
11. List all financial accounts and other assets, including the type of account, last four digits of account numbers, name of financial institutions, and corresponding values.
12. Ensure the total assets listed equal the total assets noted in line 19, then gather and attach supporting documents such as cancelled checks and bank statements.
13. Certify the information by signing the form at the indicated location, including date and print your name, WSBA/CPG#, address, contact information, and email address.
14. Save your changes, and once completed, download, print, or share the form as needed.

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