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(a) Petition. A petition for conservatorship must contain the information required by AS 13.26.180(b). The petition must be verified by the petitioner or signed by an attorney representing the petitioner. A petition for conservatorship of a minor must state who has legal custody of the minor and the birthdate of the minor. The petition must state the priority of the nominee under AS 13.26.210 and, if known, the names and addresses of any person with a higher priority.
(b) Notice. Notice must be given as provided by AS 13.26.185 and AS 13.06.110;
(c) Letters of Conservatorship. Letters of conservatorship may not issue without the written acceptance of the person to be named conservator. The acceptance must state that the person has read and understands the duties and powers of conservatorship under AS 13.26.245 - 13.26.315, with any restrictions imposed by the court.
(d) Compensation. Compensation may not be paid for conservatorship services without written order of the court.
(e) Reporting. Within 90 days of appointment, the conservator shall file an inventory pursuant to AS 13.26.250. The conservator also shall file an annual report on May first of each year or as otherwise ordered. The annual report must include:
1. the total assets at the beginning and end of the calendar year;
2. the total liabilities at the beginning and end of the calendar year;
3. income received from all sources;
4. a detailed report on all disbursements with explanations; and
5. actions of the conservator during the year regarding the protected finds.
(f) Discharge. A final accounting with appropriate provision for the subsequent control of the estate must be submitted and accepted by the court before the court may discharge a conservator under AS 13.26.310.
(g) Minor Settlement. A conservatorship proceeding for a minor initiated because funds are part of a settlement or judgment in favor of the minor must comply with Civil Rule 90.2.
(SCO 1014 effective January 15, 1990)
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Copyright 1995-1999 by Touch N' Go Systems, Inc. All rights reserved. No copyright claim is made to the text of the rules.
Last Modified 7/14/1999