Statement Of Respondents Assets And Income {PG 72}

700-00072 - STATEMENT OF RESPONDENT’S ASSETS and INCOME. This form is used in the Vermont Superior Court, Probate Division, during adult guardianship proceedings to provide a detailed account of the financial situation of the individual (the Respondent) who may be subject to guardianship. This form is typically completed and submitted by the Petitioner—the person requesting the guardianship—and is a required part of the court's evaluation of whether a guardian is needed and what level of authority might be appropriate. The form includes two primary sections: one for listing assets and the other for reporting income. In the assets section, the Petitioner must identify and estimate the value of any significant property the Respondent owns solely, such as real estate, vehicles, bank accounts, or investment holdings. The income section requires disclosure of all sources of monthly income, including employment earnings, Social Security benefits, pensions, disability payments, or other financial support. This financial information helps the court assess the Respondent’s ability to manage their own financial affairs and determine the necessity and scope of guardianship powers related to financial matters. www.FormsWorkflow.com