1. Every conservator shall file with the court annually, or more often if required by the court, a settlement of the conservator's accounts if required by the court detailing the current status of the estate under conservatorship. The annual settlement shall be made at a time fixed by the court within sixty days after the anniversary of the appointment of such conservator. 2. Each settlement of a conservator shall conform to the requirements of section 473.543 as to settlements in decedents' estates. 3. If the conservatorship estate meets the indigency standards prescribed by chapter 208 , is under the control of another fiduciary, including a Social Security representative payee or Veterans Affairs fiduciary, or if the assets of a protectee have been placed in restricted custody, the court may waive the requirements that the settlement comply with the requirements of section 473.543 and require the conservator to report, in a form prescribed by the court, the following information: (1) A statement of any money or property received during the preceding year including the date, source and amount or value; (2) A statement of disbursements made and the purpose thereof; (3) The total amount of money or property on hand; (4) The name and address of any depositary where estate funds are deposited and the amounts thereof. 4. Except when a public administrator is serving as conservator, in addition to the information required under subsection 3 of this section, the settlement shall include: (1) The present address of the protectee; (2) The present address of the conservator; (3) The services being provided to the protected person; (4) The significant actions taken by the conservator during the reporting period; (5) An opinion of the conservator as to the continued need for conservatorship and any recommended changes in the scope of the conservatorship; (6) The compensation requested and the reasonable and necessary expenses incurred by the conservator; (7) A plan for the coming year; and (8) Any other information requested by the court or useful in the opinion of the conservator.
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