“Inventory, Appraisement, and List of Claims”… What’s that?!
The Inventory is a document that contains a verified, full, and detailed inventory of all estate property that has come into the possession of the personal representative or of which the personal representative has knowledge. The inventory must include all real and personal property of the estate and its classification. The personal representative is required to set out in the Inventory the representative’s appraisement of the fair market value of each item listed. These values are calculated according to the date of death of the decedent. Once complete, the Inventory is recorded in a sworn document and filed with the court. Because there is a deadline to file the Inventory, the personal representative must work diligently to obtain the above mentioned information in a timely manner.
After the Inventory is filed, the judge will examine and approve or disapprove the Inventory. Once approved, the personal representative may move forward and take the appropriate steps to conclude the estate. When tasked with having to complete an Inventory, an attorney’s guidance can be invaluable. If you need assistance in probating your loved ones estate and correctly completing the required Inventory, Appraisement, and List of Claims or would like to discuss the intricacies related to such process, the attorneys at Waldron & Schneider, PLLC are here to assist.
The legal information in this blog entry is not intended to be a substitute for seeking personalized legal advice from an attorney licensed to practice in your jurisdiction. Further, nothing contained in this article is intended to create an attorney-client relationship with any reader. By using this website you understand that there is no attorney client relationship between you and this firm. The article and website should not be used as a substitute for competent legal advice from a licensed professional attorney in your state.
Recent Posts
Categories
Partner Vanessa J. Maduzia was interviewed by Sara Blumenfeld with Networking Done Differently regarding her areas of practice. ... See MoreSee Less

www.ws-law.com
Vanessa J. Solis-Maduzia’s Interview with Sara Blumenfeld with Networking Done Differently Partner Vanessa J. Solis-Maduzia was recently interviewed by Sara Blumenfeld with Networking Done Different...- Likes: 8
- Shares: 4
- Comments: 0
0 CommentsComment on Facebook
Collin Bullard writes about a recent court decision regarding a new attempt to pierce the corporate veil in his blog.
... See MoreSee Less

A New Attempt to Pierce the Corporate Veil
www.ws-law.com
Piercing the corporate veil means to disregard the limited liability protection of an entity for its owners and attack them directly.0 CommentsComment on Facebook
Congratulations to Partner Richard Simmons and his dance partner Eva de Cardenas for winning the Dancing with the Stars - Bay Area Mirror Ball. ... See MoreSee Less


3 CommentsComment on Facebook
Congratulations!
Congratulations!
Fabulous!! Congratulations to two amazing people who serve our community well🥰
Collin Bullard writes about a recent court decision that choose where a person can file their lawsuit in his blog.
... See MoreSee Less

Recent Court Decisions: Choosing Where You Litigate
www.ws-law.com
A forum selection clause allows the parties to a contract to decide where they will go to court if there is someday a lawsuit relating to the contract.0 CommentsComment on Facebook
Collin Bullard writes about the Corporate Transparency Act and what small businesses need to be aware of.
... See MoreSee Less

Small Businesses Beware: The Corporate Transparency Act
www.ws-law.com
The Corporate Transparency Act begins requiring most entities to file registration documents with the Financial Crimes Enforcement Network.0 CommentsComment on Facebook