New Jersey Comprehensive Accounting Form (Guardianship)

State:
New Jersey
Control #:
NJ-SKU-1168
Format:
PDF
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Description

Comprehensive Accounting Form (Guardianship)

The New Jersey Comprehensive Accounting Form (Guardianship) is a form used by guardians in the state of New Jersey to report financial activity and transactions in the estate of a protected person. This form is used to provide an accounting of all assets, liabilities, receipts, disbursements, and distributions of the protected person’s estate. It is also used to report any other transactions or activities related to the guardianship. There are two types of New Jersey Comprehensive Accounting Form (Guardianship): the Annual Comprehensive Accounting Form (for guardianship that are open for more than one year) and the Final Comprehensive Accounting Form (for guardianship that are closed). Both forms require the guardian to provide detailed information about the protected person's assets, liabilities, income, expenses, and other transactions. The form is then reviewed and approved by the court and submitted to the Office of the Public Guardian.

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FAQ

Custody orders pertain to a parent's care of a child, whereas guardianship is appointed by the court to an individual who is not the child's biological parent. In certain situations, a child may be under the guardianship of one person while in the custody of their parents.

As the guardian of this child, you will have the same rights as a parent, with a few exceptions. You will not be able to change the child's legal name, and you cannot consent for the child to be adopted by someone.

Guardianship of a Child Under Your Care Living in Your Home. Kinship legal guardianship (KLG) does not terminate the parents' rights. Parents can still seek visitation, and they are still financially responsible for the child. A caregiver must have been caring for the child for at least a year before applying for KLG.

Under New Jersey law?unless otherwise ordered?a guardian of the person shall personally visit the incapacitated person not less than once every three months. The guardian must maintain sufficient contact with the protected person to know his capacities, limitations, needs, opportunities and physical and mental health.

Conservatorship ? The courts appoint a conservator to oversee a person's financial affairs. A conservatorship is similar to a guardianship, but the conservator's role is limited only to financial matters.

Court-appointed guardians oversee adults who are not able to make decisions or care for themselves. They need to have legal authority to make decisions for the person under guardianship (also called ?incapacitated person?). Only the courts can grant that power.

The initial guardianship request is filed with the county surrogate's office. A Superior Court judge then hears and decides on the case. If incapacitation is determined, the court-appointed guardian must qualify with the county surrogate. Potential guardians can file for a standard guardianship.

How much does a Guardianship make in New Jersey? As of , the average annual pay for the Guardianship jobs category in New Jersey is $52,888 a year.

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New Jersey Comprehensive Accounting Form (Guardianship)