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Court Accountings LLC, we specialize in preparing inventories and accountings for estates, conservatorships, and trusts for filing with the Commissioner of Accounts. We also qualify in any Virginia jurisdiction as executor, administrator, trustee, or conservator under Last Will and Testament or Court Order, and serve as agent or attorney-in …
Court appoints at least one Commissioner of Accounts whose job is to receive and audit reports filed by fiduciaries in their jurisdiction. Simply stated, the Commissioner’s task is to verify the proper administration of assets and to rectify any improprieties, with or without the direct involvement of the Court.
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Court accounting is strictly mandated and requires specialized services. Also referred to as fiduciary or trust accounting, it is promulgated by the statutes set forth in the Uniform Principal and Income Act (UPIA). The required format of these financial reports is quite different than traditional financial statements. Besides requiring a much greater level of detail of financial …
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Court Accountings. Every fiduciary, whether a Trustee or Executor has an absolute duty to account. And a court monitored trust or probate accounting is a unique animal—it’s unlike any other type of accounting and not every accountant and/or CPA knows how to properly prepare one. Unlike a typical business accounting, Trusts and estates don …
court accounting and bookkeeping services for seniors acting as a grantor, or for private trustees who need help maintaining accurate records. At Marcia L. Campbell, CPA, we have extensive experience developing precise court accounting for conservatorships, guardianships, estates, and trusts.
account to the fiduciary or to the attorneys for the fiduciary other than pursuant to a prior court order. (4) A statement disclosing any family or affiliate relationship between the fiduciary and any agent hired by the fiduciary during the accounting period.
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