Arizona Receipt of Restricted Funds by a Former Minor is a legal document that must be filed with the Arizona Department of Revenue when a minor under 18 years of age receives a restricted fund payment. This document ensures that the minor is protected from being taken advantage of and that the funds are managed properly until the minor is old enough to manage them himself or herself. The document must be signed by the minor's parent or legal guardian and must include the amount of the payment, the date it was received, the name of the person or organization who received the payment, and the purpose of the payment. There are two types of Arizona Receipt of Restricted Funds by a Former Minor: 1. Receipt of Restricted Funds from an Estate: This type of receipt is filed when a minor receives funds from an estate, such as an inheritance or a trust. 2. Receipt of Restricted Funds from a Court Order: This type of receipt is filed when a minor receives funds from a court order, such as a settlement or a judgment.
Arizona Receipt of Restricted Funds by a Former Minor
State:
Arizona
Control #:
AZ-MC-PB-99
Format:
PDF
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Receipt of Restricted Funds by a Former Minor
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What you get: Instant access to fillable Microsoft Word or PDF forms. Minimize the risk of using outdated forms and eliminate rejected fillings.Definition Restricted funds are monies set aside for a particular purpose as a result of designated giving. Name of Person Filing. Guardianship. Conservatorship of. Information for those looking for forms, location information, or legal resources pertaining to all court jurisdictions in Arizona. Restricted, unrestricted and designated funds must be accounted for separately in the PCC's annual financial statements. A5-E - Order Designating Restricted Depository (no investment powers), open. For example, in many jurisdictions, charitable hospitals are in court more often now than in the past. The past–due payments will be deposited directly into that "dedicated account", and the use of these funds is restricted.