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RSMo 475.270effective 28 Aug 2018

Annual settlements required, when, exception

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In plain English

A conservator is a person legally put in charge of someone else's money and property. Every year, a conservator has to give the court a detailed report showing what happened with that money and property. The report must cover things like money received, money spent, what is left, and plans for the coming year. In some cases — like when the person is very low income or their money is already watched over by another official — the court can allow a simpler, shorter report instead.

Word-for-word law

475.270. s required, when, required. — 1. Every shall file with the court annually, or more often if required by the court, a 's accounts if required by the court detailing the current status of the under . The annual settlement shall be made at a time by the court within sixty days after the anniversary of the appointment of such conservator.

2. Each of a conservator shall to the requirements of section 473.543 as to in decedents' estates.

3. If the meets the prescribed by chapter 208, is under the control of another , including a Social or Veterans Affairs fiduciary, or if the of a have been placed in , the court may the requirements that the settlement comply with the requirements of section 473.543 and require the conservator to report, in a form prescribed by the court, the following information:

(1) A statement of any money or property received during the preceding year including the date, source and amount or value;

(2) A statement of made and the purpose thereof;

(3) The total amount of money or property on hand;

(4) The name and address of any where estate funds are deposited and the amounts thereof.

4. Except when a is serving as conservator, in addition to the information required under 3 of this section, the settlement shall include:

(1) The present address of the protectee;

(2) The present address of the conservator;

(3) The services being provided to the ;

(4) The significant actions taken by the conservator during the reporting period;

(5) An opinion of the conservator as to the continued need for conservatorship and any recommended changes in the scope of the conservatorship;

(6) The requested and the reasonable and necessary expenses incurred by the conservator;

(7) A plan for the coming year; and

(8) Any other information requested by the court or useful in the opinion of the conservator.

(RSMo 1939 §§ 420, 484, A.L. 1955 p. 385 § 335, A.L. 1983 S.B. 44 & 45, A.L. 2018 S.B. 806)

Prior revisions: 1929 §§ 420, 485; 1919 §§ 416, 481; 1909 §§ 446, 511

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Legal information, not legal advice. Always confirm with the official source at revisor.mo.gov.

RSMo 475.270: Annual settlements required, when, exception | KnowMo Laws