Get Gc-400(e)(2) Gc-405(e)(2) Non-cash Assets On Hand At End Of Account Period Standard And Simplified

Filling out the GC-400(E)(2) and GC-405(E)(2) forms is essential for reporting non-cash assets for guardianship and conservatorship accounts. This guide provides comprehensive, step-by-step instructions to help you accurately complete these forms online.

Follow the steps to efficiently complete your asset report.

1. Press the ‘Get Form’ button to obtain the form and open it in your preferred online editor.
2. Begin by entering the case number at the top of the form for proper identification of the account.
3. Provide the complete name of the conservatee or minor in the designated field.
4. Under Schedule E, list all non-cash assets on hand at the end of the account period. Group these assets by the inventory in which their latest appraised values appear, or categorize them as after-acquired assets according to their purchase dates.
5. For each non-cash asset, fill in the description and the estimated market value in the respective fields.
6. Calculate the carry value for each asset, ensuring that the carry value of an asset included in an inventory is reflected accurately as its appraised value, while assets purchased after the appointment of the guardian or conservator are recorded at their purchase price.
7. Use additional pages as needed to list all non-cash assets, and remember to check the box at the bottom of the last page of this asset category.
8. Total the estimated market values and carry values of the non-cash assets, and carry this total over to line 13b of the Summary of Account form (GC-400(SUM)/GC-405(SUM)).
9. Once all information has been filled out, you can choose to save your changes, download, print, or share the completed form.

Complete your GC-400(E)(2) and GC-405(E)(2) forms online today!