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Kentucky Periodic-Final Settlement of Guardian/Conservator for [ ] Minor [ ] Disabled Person

State:
Kentucky
Control #:
KY-SKU-0079
Format:
PDF
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Description

Periodic-Final Settlement of Guardian/Conservator for [ ] Minor [ ] Disabled Person Kentucky Periodic-Final Settlement of Guardian/Conservator for [ ] Minor [ ] Disabled Person is a legal procedure that is used to finalize the financial and legal obligations of a guardian or conservator who has been in charge of a minor or disabled person. This process is typically initiated by the guardian or conservator, who is responsible for filing a petition with the court. The petition includes a list of all assets, liabilities, and income of the minor or disabled person controlled by the guardian or conservator. The court will review the petition and determine whether the guardian or conservator has acted in the best interest of the minor or disabled person and has properly discharged their duties. There are two types of Kentucky Periodic-Final Settlement of Guardian/Conservator for [ ] Minor [ ] Disabled Person: Periodic Settlement and Final Settlement. During a Periodic Settlement, the guardian or conservator will present an accounting of all transactions and expenditures made on behalf of the minor or disabled person. The court will review the accounting and determine if the guardian or conservator has acted appropriately and if any changes need to be made. During a Final Settlement, the guardian or conservator will present a comprehensive accounting of all transactions and expenditures made on behalf of the minor or disabled person since the beginning of the guardianship or conservatorship. The court will review the accounting and determine if the guardian or conservator is ready to be discharged from their duties.

Kentucky Periodic-Final Settlement of Guardian/Conservator for [ ] Minor [ ] Disabled Person is a legal procedure that is used to finalize the financial and legal obligations of a guardian or conservator who has been in charge of a minor or disabled person. This process is typically initiated by the guardian or conservator, who is responsible for filing a petition with the court. The petition includes a list of all assets, liabilities, and income of the minor or disabled person controlled by the guardian or conservator. The court will review the petition and determine whether the guardian or conservator has acted in the best interest of the minor or disabled person and has properly discharged their duties. There are two types of Kentucky Periodic-Final Settlement of Guardian/Conservator for [ ] Minor [ ] Disabled Person: Periodic Settlement and Final Settlement. During a Periodic Settlement, the guardian or conservator will present an accounting of all transactions and expenditures made on behalf of the minor or disabled person. The court will review the accounting and determine if the guardian or conservator has acted appropriately and if any changes need to be made. During a Final Settlement, the guardian or conservator will present a comprehensive accounting of all transactions and expenditures made on behalf of the minor or disabled person since the beginning of the guardianship or conservatorship. The court will review the accounting and determine if the guardian or conservator is ready to be discharged from their duties.

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Kentucky Periodic-Final Settlement of Guardian/Conservator for [ ] Minor [ ] Disabled Person