Assets and Investments

(Identify all assets and investments on hand, including a beginning and current value. For Proposed settlements, also indicate any assets anticipated to be received and the proposed distribution. For Final settlements, include distribution and whether is was in kind and to whom, or liquidated for cash.) — the official form’s instruction, reproduced exactly as it prints.

App conventions the form itself doesn’t decide: assets listed are those on hand at the period’s end; Beginning Value is the date-of-death (inventory) value and Current Value the ledger’s carry value; property sold during the period appears as its full sale proceeds under Receipts instead. The form prints a single ASSETS TOTAL blank — this draft foots both columns, and the BALANCE line below uses the Beginning Value total, so it should equal the Current Value total; compare before transcribing.

Receipts and Disbursements

(Identify all receipts and disbursements occurring since the last inventory or settlement with supporting documentation. If Proposed settlement, supporting documentation is not required.)

Cash paid to beneficiaries prints under Disbursements naming the beneficiary — an app convention; the form doesn’t say where distributions go. Attach supporting documentation (statements, cancelled checks, receipts) for every line.

(Complete if Final settlement)

The ledger records debts paid, not claims allowed or disallowed — fill these from the claims presented to you. Claims are barred unless presented within 6 months after appointment (KRS 396.011); a disallowed claimant has 60 days to sue after a warning notice (KRS 396.055).