Gc 400 Form – Fill Out and Use This PDF

The GC-400 form, officially known as the GC-400(SUM)/GC-405(SUM) form, serves a critical function in the management of conservatorship and guardianship cases. It provides a structured format for summarizing the financial accounting of a conservator or guardian over a certain period, detailing assets, liabilities, receipts, and disbursements. If you are involved in such a case, understanding how to correctly complete this form is essential.

Click the button below to ensure the form is filled out accurately and comprehensively to meet the required legal standards.

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How to Fill Out Form GC-400(SUM)/GC-405(SUM)

Form GC-400(SUM)/GC-405(SUM) at a glance

What it is: Form GC-400(SUM)/GC-405(SUM) is the Summary of Account for Standard and Simplified Accounts (Probate-Guardianships and Conservatorships), adopted for mandatory use by the Judicial Council of California.

A filled-in Form GC-400(SUM)/GC-405(SUM) example: an interim account for a conservatorship

Form GC-400(SUM)/GC-405(SUM) example filled out, example: an interim account for a conservatorship — Dana Sample fills out the Summary of Account for a conservatorship. It is an interim account for one year, with 1a of 10,000.00 and 1b of 50,000.00. The picture shows the filled form, and every value in it is made up. It is a conservatorship of a conservatee, so Guardianship and Minor stay empty. The account is interim, so final stays empty. Lines 2, 4, 5, 6, 9, 10, 11 and 12 are 0 because Dana has no entries for those categories, so Other Charges (describe) and Other Credits (describe) stay empty. Receipts are 12,000.00 and disbursements are 9,000.00. On the last day of the period, 13a is 13,000.00 and 13b is 50,000.00.

How to fill out Form GC-400(SUM)/GC-405(SUM), box by box

Conservatorship or Guardianship, Conservatee or Minor, name and case number

Check Conservatorship or Guardianship of, enter the (Name) and the Case Number, and check Conservatee or Minor.

Account number, interim or final, and the opening and closing dates

For an Account Current, check the box marked Check if interim. For an Account Current and Final Account, check the box marked Check if final.

Enter the Account number ("First," etc.).

Enter the Opening date of account, then through, then the Closing date of account.

Charges, lines 1 to 7

In CHARGES and CREDITS, enter "0" for all categories of charges or credits for which you have no entries. Do not include schedules for these categories, but do not relabel or redesignate the schedules that are included.

Under Property on Hand at Beginning of Account Period, enter Cash Assets and Non-Cash Assets (carry value).

Enter the Total Property on Hand at Beginning of Account Period (add 1a and 1b).

Enter Additional Property Received During Period of Account, with its Schedule.

Enter Receipts During Period of Account - Schedule A.

Enter Gains on Sales During Period of Account - Schedule B.

Enter Other Charges (describe) with its Schedule.

Enter Net Income From Trade or Business During Period of Account, with its Schedule.

Enter TOTAL CHARGES (add 1c, 2, 3, 4, 5, and 6).

Credits, lines 8 to 14

Enter Disbursements During Period of Account - Schedule C.

Enter Losses on Sales During Period of Account - Schedule D.

Enter Distributions to Conservatee or Ward, with its Schedule.

Enter Other Credits (describe) with its Schedule.

Enter Net Loss From Trade or Business During Period of Account, with its Schedule.

Under Property on Hand at End of Account Period - Schedule E, enter Cash Assets and Non-Cash Assets (carry value).

Enter the Total Property on Hand at End of Account Period (add 13a and 13b).

Enter TOTAL CREDITS (add 8, 9, 10, 11, 12, and 13c).

Sources

[1] Form GC-400(SUM)/GC-405(SUM) [New January 1, 2008], Summary of Account, Judicial Council of California (the Official source link on this page).

Gc 400 Form PDF Details

Understanding the GC-400 form is crucial for those involved in conservatorship and guardianship cases. This form, known as either GC-400(SUM) or GC-405(SUM), plays a vital role in summarizing accounts for both standard and simplified processes. It's designed to capture a comprehensive snapshot of financial activities, from the property on hand at the beginning of an account period to the property remaining at the end, including cash and non-cash assets. The form asks for detailed information such as the additional property received, net income from trade or business, disbursements, and losses or gains on sales. Each category demands careful documentation, including schedules that outline specific transactions. Besides providing a summary of accounts, the form serves a legal requirement for reporting in conservatorship and guardianship cases, ensuring transparency and accountability in how a conservatee’s or ward's finances are managed. Whether the form marks an account as current, interim, or final, it reflects a critical part of managing and reporting on the financial aspects under conservatorship or guardianship, adhering to the guidelines set by the Probate Code and California's Rules of Court.

Question	Answer
Form Name	Gc 400 Form
Form Length	1 page
Fillable?	Yes
Fillable fields	31
Avg. time to fill out	15 sec
Other names	conservatorship summary, account during gc, gc 405 a, gc 400