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Tells the court what property is owned by the estate and approximately how much it is worth. Get form DE-160.
The Inventory and Appraisal must be filed with the Court no later than four months after the court issues Letters Testamentary or Letters of Administration. In conservatorships, the Inventory and Appraisal must be filed within 90 days after the appointment of the Conservator.
Inventory and Appraisal is a single document that lists all of the estates assets and appraises the value of those assets. The purpose of the Inventory and Appraisal is to determine the value of the decedents assets at the date of their death.
A probate referee is entitled to a fee from the estate that equals . 001% of the total assets appraised by the probate referee. The probate referee is also entitled to actual and necessary expenses for each estate appraised.
The DE 160 is the court form and the DE 161 is the attachment schedule listing the items to be valued by the Representative (Attachment #1) and the Referee (Attachment #2).
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If youre the Personal Representative in a probate estate, you must file a document called Inventory and Appraisal with the court within four months of receiving Letters of Administration. Inventory and Appraisal is a single document that lists all of the estates assets and appraises the value of those assets.
The Role of a Probate Referee They review the inventory of an estate and then appraise the value of listed non-cash assets. In some cases, they may also appraise the value of non-probate assets such as those transferred into a living trust. If an estate needs a probate referee, they may be automatically appointed.
Personal representatives of estates use this to tell all interested persons about actions that they plan to take.
What is the Inventory and Appraisal? The Inventory and Appraisal is a complete listing of the estate assets as of a particular date, usually the date of death. In a guardianship or conservatorship estate, it is the date of appointment.
What is the Inventory and Appraisal? The Inventory and Appraisal is a complete listing of the estate assets as of a particular date, usually the date of death. In a guardianship or conservatorship estate, it is the date of appointment.

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