Instructions: Guardian Inventory
A Judgment of Incapacity may direct the filing, usually within ninety (90) days, of an inventory of the estate of the incapacitated person. Always check the Judgment to confirm the deadline for filing as well as who must be served with a copy of the inventory.
The Guardian Inventory form is a three-page document to which additional sheets may be attached if necessary. The caption should be completed to reflect the name of the incapacitated person, the county of the guardianship, and the docket number. If you are the only guardian of the estate, then you alone must date and sign below the certification language. If there is more than one guardian of the estate, then all such guardians must date and sign the certification.
Below the lines for signatures is a section for “RECAPITULATION” in which the information set forth in the following schedules is restated to provide an overview of the inventory. As noted at the bottom of page 1, the inventory must list all assets, regardless of whether such assets are located in New Jersey or out-of-state. The inventory must be completed as to all schedules, and the proper entry for any schedule without corresponding assets is “NONE”.
Specific instructions are provided as to each schedule included in the inventory. You should follow these directions carefully and attach additional pages as needed. If you are handling a complex and/or highly valuable guardianship estate, then you may wish to consult with an attorney or an accountant to assist you in completing the Inventory Form. Even if you retain a professional for assistance, the inventory must be filed by the guardian(s) personally and not by the attorney or accountant.
Note that Schedule A - Real Property, and Schedule B - Stocks, Bonds, Mutual Funds, Securities and Investment Accounts, include two (2) columns for valuation. For real property, you are asked to provide both the municipal tax assessed value and the market value. For Schedule B, you are asked to provide face value, if applicable, and market value. Some assets, like bonds, will have both a face value and a market value. For those assets, list both the face value and market value. Other assets will only have a market value. To calculate the totals for these schedules, add together the market value amounts. Market value may be estimated rather than based upon a new appraisal. For further information, see the Frequently Asked Questions (FAQ) section.
At the bottom of page 3 is a certification of service which must be completed prior to filing. In general, the inventory must be served by the guardian(s) on all interested persons listed in the verified complaint for guardianship, as well as any parties who subsequently entered an appearance in the action. You should check the Judgment to determine if you are required to serve the inventory on anyone else. The Judgment may also specify how service should be effectuated (i.e., certified mail). Remember that when you file the original inventory, you must pay a fee of $5/page to the Surrogate.
A Judgment of Incapacity may direct the filing, usually within ninety (90) days, of an inventory of the estate of the incapacitated person. Always check the Judgment to confirm the deadline for filing as well as who must be served with a copy of the inventory.
The Guardian Inventory form is a three-page document to which additional sheets may be attached if necessary. The caption should be completed to reflect the name of the incapacitated person, the county of the guardianship, and the docket number. If you are the only guardian of the estate, then you alone must date and sign below the certification language. If there is more than one guardian of the estate, then all such guardians must date and sign the certification.
Below the lines for signatures is a section for “RECAPITULATION” in which the information set forth in the following schedules is restated to provide an overview of the inventory. As noted at the bottom of page 1, the inventory must list all assets, regardless of whether such assets are located in New Jersey or out-of-state. The inventory must be completed as to all schedules, and the proper entry for any schedule without corresponding assets is “NONE”.
Specific instructions are provided as to each schedule included in the inventory. You should follow these directions carefully and attach additional pages as needed. If you are handling a complex and/or highly valuable guardianship estate, then you may wish to consult with an attorney or an accountant to assist you in completing the Inventory Form. Even if you retain a professional for assistance, the inventory must be filed by the guardian(s) personally and not by the attorney or accountant.
Note that Schedule A - Real Property, and Schedule B - Stocks, Bonds, Mutual Funds, Securities and Investment Accounts, include two (2) columns for valuation. For real property, you are asked to provide both the municipal tax assessed value and the market value. For Schedule B, you are asked to provide face value, if applicable, and market value. Some assets, like bonds, will have both a face value and a market value. For those assets, list both the face value and market value. Other assets will only have a market value. To calculate the totals for these schedules, add together the market value amounts. Market value may be estimated rather than based upon a new appraisal. For further information, see the Frequently Asked Questions (FAQ) section.
At the bottom of page 3 is a certification of service which must be completed prior to filing. In general, the inventory must be served by the guardian(s) on all interested persons listed in the verified complaint for guardianship, as well as any parties who subsequently entered an appearance in the action. You should check the Judgment to determine if you are required to serve the inventory on anyone else. The Judgment may also specify how service should be effectuated (i.e., certified mail). Remember that when you file the original inventory, you must pay a fee of $5/page to the Surrogate.
Revised 02/2017, CN 11799 (Guardian Inventory)
Guardian Inventory Form
Notice to Interested Parties: Interested parties should act to protect the welfare and/or finances of an adult incapacitated person under legal guardianship. Within the time and in the manner provided by law, interested parties may file a motion to object to actions taken by the guardian or to seek review of the guardianship. Although some guardianship reports are subject to review by authorized Judiciary and/or Surrogate personnel, interested parties remain responsible for requesting court review as to any misstatements or misconduct by a guardian.
Notice to Interested Parties: Interested parties should act to protect the welfare and/or finances of an adult incapacitated person under legal guardianship. Within the time and in the manner provided by law, interested parties may file a motion to object to actions taken by the guardian or to seek review of the guardianship. Although some guardianship reports are subject to review by authorized Judiciary and/or Surrogate personnel, interested parties remain responsible for requesting court review as to any misstatements or misconduct by a guardian.
In the Matter of the Estate of,
an Incapacitated Person
an Incapacitated Person
,
Superior Court of New Jersey
Chancery Division - Probate Part
County of
Docket No.
Guardianship Estate Inventory
Docket No.
Guardianship Estate Inventory
Within ninety days (90) following appointment, the guardian(s) of the estate shall file an original inventory with
the Surrogate, as Deputy Superior Court Clerk, Chancery Division, Probate Part, and serve a copy of the
inventory on the interested persons named in the verified guardianship complaint and those who subsequently
appeared in the action or to whom the court directs.
The Guardian(s) of the Estate hereby certify and say:
The Guardian(s) of the Estate hereby certify and say:
Date
Date
The following schedules contain a complete and accurate inventory and valuation of all real and
personal property of this estate, so far as the undersigned is informed. I/we certify that the foregoing
statements made by me/us are true. to the best of my/our knowledge, and that I/we will supplement this
form as may be necessary should additional information become available. I/we am/are aware that if
any of the foregoing statements made by me/us are willfully false, I/we am/are subject to punishment.
Signature Print Name
Signature Print Name
Recapitulation
Signature Print Name
Signature Print Name
Recapitulation
Schedule A - Real Property
Schedule B - Stocks, Bonds, Mutual Funds, Securities and Investment Accounts $ Schedule C - Cash, Bank Accounts, Notes Due $ Schedule D - Pensions, Retirement Accounts, Annuities, Profit Sharing Plans $ Schedule E - Miscellaneous Personal Property $ Gross Value $
Schedule B - Stocks, Bonds, Mutual Funds, Securities and Investment Accounts $ Schedule C - Cash, Bank Accounts, Notes Due $ Schedule D - Pensions, Retirement Accounts, Annuities, Profit Sharing Plans $ Schedule E - Miscellaneous Personal Property $ Gross Value $
$
$ ()
Total Net Estate $
Schedule G - Monthly Income $
Note: When completing the following schedules, please list all assets, regardless of its location. All out-of-state assets must be disclosed. Enter “NONE” for schedules without corresponding assets.
Schedule G - Monthly Income $
Note: When completing the following schedules, please list all assets, regardless of its location. All out-of-state assets must be disclosed. Enter “NONE” for schedules without corresponding assets.
Schedule F - Encumbrances
Revised 02/2017, CN 11799 (Guardian Inventory) page 1 of 3
SCHEDULE A - Real Property. All interests in real property including real property held in common or jointly
with other and, if held jointly, describe the interest. If none, so state.
Item No. Description: Address (include county and state) Municipal Tax Market Value Assessed Value
$.$. $.$.
Total Schedule A (also enter under recapitulation, page 1) $ .
SCHEDULE B - Stocks, Bonds, Mutual Funds, Securities and Investment Accounts. Include all interests in stocks, bonds, mutual funds, securities and investment accounts including interests held in common or jointly with other(s) or in trust, and, if held jointly, describe the interest. If none, so state.
Item No. Description: Address (include county and state) Municipal Tax Market Value Assessed Value
$.$. $.$.
Total Schedule A (also enter under recapitulation, page 1) $ .
SCHEDULE B - Stocks, Bonds, Mutual Funds, Securities and Investment Accounts. Include all interests in stocks, bonds, mutual funds, securities and investment accounts including interests held in common or jointly with other(s) or in trust, and, if held jointly, describe the interest. If none, so state.
Item No.
Description (include name of financial institution, account type, number Face Value Market Value
of shares or last four digits of account and date value fixed.)
$.$.
$.$.
$.$.
Total Schedule B (also enter under recapitulation, page 1) $
.
SCHEDULE C - Money on hand, checking and savings accounts and certificates of deposit in banks and notes
or other indebtedness due the incapacitated person. If none, so state.
or other indebtedness due the incapacitated person. If none, so state.
Item No.
Description (include name of financial institution, account type, last four digits of accounts and Value
date value fixed.)
$.
$.
$.
Total Schedule C (also enter under recapitulation, page 1) $ .
SCHEDULE D - Pensions, retirement accounts (IRA’s, 401(k), annuities, profit sharing plans et cetera).
Include last four digits of account. If none, so state.
Item No. Description (include name of financial institution, account type, last four digits of accounts and Value
Include last four digits of account. If none, so state.
Item No. Description (include name of financial institution, account type, last four digits of accounts and Value
date value fixed.)
$.
$.
Total Schedule D (also enter under recapitulation, page 1) $ .
Total Schedule D (also enter under recapitulation, page 1) $ .
SCHEDULE E - Miscellaneous Personal Property - (tangible personal property, motor vehicles, recreation
vehicles, employment bonus or award, interest in a partnership or unincorporated business, articles or
collections having either artistic or intrinsic value, et cetera) If none, so state.
Item No.
Description Value
$.
$. $. $.
Total Schedule E (also enter under recapitulation, page 1) $.
$. $. $.
Total Schedule E (also enter under recapitulation, page 1) $.
Revised 02/2017, CN 11799 (Guardian Inventory) page 2 of 3
SCHEDULE F - Liabilities/ Encumbrances. If any asset listed in this Inventory has a secured associated debt,
such as a mortgage or a car loan, indicate below. List all other debts If none, so state.
Item No.
Description
Encumbrance
Amount
$. $. $.
$. $. $.
Total Schedule F (also enter under recapitulation, page 1) $.
SCHEDULE G - All Sources of Income
Item No.
Description
Annual Amount
$.
$.
$.
$.
Total Annual Income (also enter under recapitulation, page 1) $.
Service
Total Annual Income (also enter under recapitulation, page 1) $.
Service
I certify that on
, a copy of this inventory was served on each of the following interested parties
(e.g., incapacitated person’s spouse, parents, siblings and children, et cetera):
Name of Person Served this
Document
Relationship to
Incapacitated
Person
Address
Manner of Service
(U.S. Mail, Personal
Service)
Revised 02/2017, CN 11799 (Guardian Inventory)
page 3 of 3
