The 90-Day Inventory Requirement
After appointment, the law gives the conservator a firm deadline. They must file an inventory within 90 days. This list covers every asset the protected person owns, its fair market value, and a copy of the person's credit report.
Within ninety days after appointment, a conservator shall prepare and file with the court an inventory of the assets of the protected person on the date of the conservator's appointment, listing it with reasonable detail and indicating the fair market value of each asset as of the date of appointment.
A.R.S. § 14-5418(A)This inventory sets the baseline for the entire case. It shows what the protected person owned when the conservatorship began. The court uses it to track how the conservator manages those assets.
Access to Records
The conservator must share the inventory with the protected person if they are at least 14 years old and can understand it. A parent or guardian the person lives with also gets a copy.
Unless otherwise ordered by the court, a person who is entitled to notice of the conservator's annual account pursuant to section 14-5419, subsection C may request in writing that the conservator do one of the following not more than once every thirty days.
A.R.S. § 14-5418(C)Interested parties can ask to view financial records, billing statements, and receipts up to once every 30 days. The conservator must provide access within 30 days of the request.
This transparency protects the person from mismanagement. It also gives family members a way to stay informed.