(a) A verified written statement of accounts filed with the court under 30-4-5-12 or by the trustee under 30-4-3-18(b) shall show:

1. (1) the period covered by the account;
2. (2) the total principal with which the trustee is chargeable according to the last preceding written statement of accounts or the original inventory if there is no preceding statement;
3. (3) an itemized schedule of all principal cash and property received and disbursed, distributed, or otherwise disposed of during the period;
4. (4) an itemized schedule of income received and disbursed, distributed, or otherwise disposed of during the period;
5. (5) the balance of principal and income remaining at the close of the period, how invested, and both the inventory and current market values of all investments;
6. (6) a statement that the trust has been administered according to the terms of the trust;
7. (7) the names and addresses of all living beneficiaries and a statement identifying any beneficiary known to be under a legal disability;
8. (8) a description of any possible unborn or unascertained beneficiary and the possible beneficiary's interest in the trust estate; and
9. (9) the business addresses, if any, or the residence addresses of all the trustees.

(b) The court may, either on petition or on its own motion, require the trustee to submit such proof as it deems necessary to support the trustee's verified written statement of accounts. The court may accept the unqualified certificate of a certified public accountant in lieu of other proof.

Formerly: Acts 1971, P.L.416, SEC.6. As amended by P.L.51-2014, SEC.25.