The Missouri Annual Statement of Affairs of Guardian-Conservator is a document that must be filed in the probate division of the circuit court in the county where the guardian-conservator is appointed. This document is a statement of how the guardian-conservator is using the assets of the ward (the person for whom the guardian-conservator is responsible). It must be filed annually and must include a detailed accounting of all finances related to the ward, including the investments, income, and expenses. There are two types of Missouri Annual Statement of Affairs of Guardian-Conservator: the Original Statement and the Amended Statement. The Original Statement is a detailed accounting of the guardian-conservator's financial activities on behalf of the ward during the past year, including all assets and liabilities, investments made, income received, and expenses incurred. The Amended Statement is a statement that is filed when there have been changes in the finances of the ward or the activities of the guardian-conservator during the period of time since the Original Statement was filed.
Missouri Annual Statement of Affairs of Guardian-Conservator
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FAQ
Guardianship is a permanency option for children for whom reunification or adoption is not feasible. In Missouri, orders of guardianship are entered by the Probate Court. Guardianship requires the caretaker to assume a high level of responsibility and authority over the child.
Guardianship is the legal process of determining a person's capacity to make decisions for himself regarding his personal affairs (such as where he lives or the care he requires.) Conservatorship is similar to guardianship, but deals only with financial affairs of an individual.
A guardian is appointed by the Circuit Court's Probate Division to have the care and custody of a minor or of a person found to be incapacitated. The guardian of an adult is not responsible for the financial care of his/her ?ward.?
Because the natural guardianship powers of parents ends when a son or daughter turns 18, parents may lose the right to access records and to make decisions unless authorization is obtained from the court.
A guardian shall exercise authority only as necessitated by the adult ward's limitations and, to the extent possible, shall encourage the adult ward to participate in decisions, act on the adult ward's own behalf, and develop or regain the capacity to manage the adult ward's personal affairs.
(1) If the conservatorship estate is exhausted; (2) If the conservatorship is no longer necessary for any other reason; (3) If the court finds that a parent is fit, suitable and able to assume the duties of guardianship and it is in the best interest of the minor that the guardianship be terminated.
To begin guardianship/conservatorship proceedings a Petition must be filed in the Probate Division of the Circuit Court in the county where the ward/protectee lives. The Petition must allege that the ward/protectee is incapacitated or disabled and explain why a guardian and/or conservator is needed.
In all cases, compensation of the guardian or conservator and his expenses including attorney fees shall be fixed by the court and may be allowed at any annual or final accounting; but at any time before final settlement the guardian or conservator or his attorney may apply to the court for an allowance upon the