Statement Of Assets Notice Of Claim (Guardianship)

STATEMENT OF ASSETS AND NOTICE OF CLAIM. This form is used in the Supreme Court of the State of New York under Article 81 of the Mental Hygiene Law when a guardian reports to the court following the death of an incapacitated person. This form requires the guardian to provide detailed information about the assets of the guardianship estate as of the date of death, including a description and approximate value of the property. It also requires disclosure of any known claims, debts, or liens against the estate, such as Medicaid liens, tax obligations, or administrative costs. By submitting this form, the guardian fulfills their duty to account for and report the financial status of the estate to the court, ensuring transparency and proper handling of the incapacitated person’s property. It also provides notice of any outstanding claims that must be addressed before the estate can be finalized and distributed, thereby protecting creditors, beneficiaries, and the integrity of the guardianship process. www.FormsWorkflow.com