(1) A guardian or conservator shall, within sixty (60) days after appointment, file with the District Court a true and correct inventory of the ward’s real and personal property and other financial resources, signed by the guardian or conservator and verified by the affidavit of the guardian or conservator. If other property afterward comes to the guardian’s or conservator’s knowledge, the guardian or conservator shall file a supplementary inventory thereof within sixty (60) days from the time of obtaining such knowledge.
(2) The inventory shall describe the real property and where situated, with its probable value, and the probable value of its rent. It shall include a list of all personal property, including debts due the ward, with its probable value.

Terms Used In Kentucky Statutes 387.100

  • Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
  • Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
  • Personal property: All property that is not real property.
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.

Effective: July 13, 1990
History: Amended 1990 Ky. Acts ch. 487, sec. 15, effective July 13, 1990. — Amended
1976 (1st Extra. Sess.) Ky. Acts ch. 14, sec. 333, effective January 2, 1978. — Repealed in part 1942 Ky. Acts ch. 167, sec. 24. — Recodified 1942 Ky. Acts ch.
208, sec. 1, effective October 1, 1942, from Ky. Stat. secs. 2027, 2028, 2029.

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