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Chapter 484-40 WAC

 Last Update: 7/17/80

Fiduciary services

WAC Sections

484-40-005 Scope of services.
484-40-010 Conservation of income.
484-40-015 Case level.
484-40-020 Auditing.

484-40-005
Scope of services.

  As authorized by RCW 43.60A.070, the director of the department of veterans affairs, or his designee, is authorized to act as:

     (1) Executor under the last will of the estate of any deceased veteran.

     (2) Administrator of the estate of any deceased veteran.

     (3) The guardian or duly appointed federal fiduciary of the estate of any insane or incompetent veteran.

     (4) Guardian or duly appointed federal fiduciary of the estate of any person who is a bona fide resident of the state of Washington and who is certified by the veterans administration as having money due from the veterans administration, the payment of which is dependent upon the appointment of a guardian or other type fiduciary.

     No estate larger than $15,000.00, authorized by RCW 73.04.130 shall be eligible for any of the preceding categories.



[Statutory Authority: RCW 43.60A.070. 80-09-069 (Order 80-01), § 484-40-005, filed 7/17/80; Order 7659, § 484-40-005, filed 7/28/77.]

484-40-010
Conservation of income.

  Paramount in consideration in the handling of the funds of those eligible for fiduciary services shall be expenditure of funds in the best interest of the individual.



[Order 7659, § 484-40-010, filed 7/28/77.]

484-40-015
Case level.

  (1) The director of the department of veterans affairs, or his designee, is authorized to provide the scope of services enumerated under WAC 484-40-005. He is not required to do so.

     (2) The director of veterans affairs shall determine when the case level is commensurate with available personnel and funding.

     (3) The director of the department may refuse the provision of further services, under this chapter, whenever he deems appropriate for whatever reasons he deems appropriate.



[Order 7659, § 484-40-015, filed 7/28/77.]

484-40-020
Auditing.

  (1) All funds received and disbursed in conjunction with services afforded under this chapter shall be accounted for by generally accepted accounting standards.

     (2) The director of the department of veterans affairs or his designee shall cause a fiscal audit to be performed on all records and documents pertaining to the funds for which conservatorship is afforded under this chapter.

     (3) Such audit may be performed by accountants within the department of veterans affairs or accountants from another governmental agency.

     (4) Such audit shall be performed at time intervals not to exceed fourteen months and shall ensure that no period of time shall be unaudited.



[Statutory Authority: RCW 43.60A.070. 80-09-069 (Order 80-01), § 484-40-020, filed 7/17/80; Order 7659, § 484-40-020, filed 7/28/77.]