What document must a licensed fiduciary file with the Bureau within 60 days of being licensed?

The licensed fiduciary is required to file an Initial Annual Statement with the Bureau within 60 days of being licensed. This document is a crucial part of the licensing process as it provides the regulatory body with important information about the fiduciary's business operations, financial status, and adherence to professional standards. The Initial Annual Statement often includes details such as the fiduciary's business structure, services offered, and compliance with applicable laws. This timely submission is essential to ensure that the fiduciary is operating within the guidelines set forth by the licensing authority and helps maintain accountability in the fiduciary relationship.

The other options, while important in their own right, do not serve the same specific purpose or requirement immediately following the issuance of a license. Annual Financial Reports and Proof of Insurance would typically be required at different intervals or under different circumstances, while Verification of Employment is not a standard filing requirement for licensed fiduciaries as part of their initial licensing process.