Rule 6.16 Failure to File Accountings

If you're handling money or property for someone else, like in an estate, guardianship, conservatorship, or trust, you have to file regular accountings with the court. These accountings show what money came in, what went out, and how you're managing things.

If the court tells you in writing to file these accountings and you don't do it, you could be held in contempt of court. This applies to both attorneys and fiduciaries (the people or institutions actually managing the money or property).

Basically, this rule is a warning: don't ignore the court's orders about financial reporting. If you're told to file an accounting and you skip it, you could face serious consequences, including contempt charges, which can mean fines or other penalties.