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Chapter 484-40 WAC

Last Update: 7/2/20

FIDUCIARY SERVICES

WAC Sections

HTMLPDF484-40-005Scope of services.
HTMLPDF484-40-010Conservation of income.
HTMLPDF484-40-015Case level.
HTMLPDF484-40-020Auditing.


PDF484-40-005

Scope of services.

As authorized by RCW 43.60A.070, the director of the department of veterans affairs, or 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 duly appointed federal fiduciary of the estate of any veteran deemed by the U.S. Department of Veterans Affairs or the Social Security Administration to be incompetent to handle their own finances.
(4) 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 U.S. Department of Veterans Affairs or the Social Security Administration as having money due from the U.S. Department of Veterans Affairs or the Social Security Administration, the payment of which is dependent upon the appointment of a fiduciary.
[Statutory Authority: RCW 43.60A.70 [43.60A.070] and 73.04.130. WSR 20-15-007, § 484-40-005, filed 7/2/20, effective 8/2/20. Statutory Authority: RCW 43.60A.070. WSR 80-09-069 (Order 80-01), § 484-40-005, filed 7/17/80; Order 7659, § 484-40-005, filed 7/28/77.]



PDF484-40-010

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.]



PDF484-40-015

Case level.

(1) The director of the department of veterans affairs, or designee, is authorized to provide the scope of services enumerated under WAC 484-40-005.
(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 appropriate.
[Statutory Authority: RCW 43.60A.70 [43.60A.070] and 73.04.130. WSR 20-15-007, § 484-40-015, filed 7/2/20, effective 8/2/20; Order 7659, § 484-40-015, filed 7/28/77.]



PDF484-40-020

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 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.
[Statutory Authority: RCW 43.60A.70 [43.60A.070] and 73.04.130. WSR 20-15-007, § 484-40-020, filed 7/2/20, effective 8/2/20. Statutory Authority: RCW 43.60A.070. WSR 80-09-069 (Order 80-01), § 484-40-020, filed 7/17/80; Order 7659, § 484-40-020, filed 7/28/77.]