Fazzio Fiduciary Accounting

Probate | Trust | Conservatorship

Getting Started

In order for us to start your accounting, we will need the following items:

1) An executed copy of the Fazzio Fiduciary Accounting retainer agreement accompanied by a check in the amount of $250.

2) Please advise what period the accounting covers and which accounting this (e.g. First Account) is. If you aren’t sure, ask your attorney.

3) Please EMAIL/FAX or SEND copies of all inventories, bank and brokerage statements for the accounting period (don’t forget about accounts that were closed during your tenure). If you are the fiduciary of a decedent’s estate, statements from date of death are required. If you are missing any of the statements, contact the financial institution. If the accounting period begins on January 5th, the statement beginning date must be on or before January 5th. If this means obtaining another statement, please do so. Conversely, if the accounting period ends on January 5th, the statement ending date must be on or after January 5th. If the ending date of the statement is before the ending date of the accounting period it may be necessary to wait for the next month’s statement. Most financial institutions, however, will provide a balance verification letter if requested.

4) A detailed record of all deposits and disbursements must accompany the statements. The record must include date, source/payee, and purpose. This is VERY IMPORTANT. If an event cannot be explained with supporting evidence the court may SURCHARGE you!