What happens after the trustee is appointed?
The newly appointed trustee must, within six months of being appointed, file an inventory of the assets and liabilities of the estate of the dependent adult with the Clerk of the Surrogate Court. The inventory must be sworn to be a true account by the trustee. Then, at least every two years, the trustee must file accounts with the Clerk and apply to the Court for an order passing the accounts. In some circumstances, the Court may approve the accounts without a court hearing and may also allow up to 4 years between accountings. There is no need to notify the Public Trustee of these applications. The new trustee should obtain several certified copies of the order appointing him or her. Various authorities such as the Land Titles Office or banks may want to see or obtain a certified copy. The Clerk of the Surrogate Court will provide certified copies for a small fee.