Blog Post
Completing Inventory & Appraisal Documents
7/20/2025
Completing the Inventory and Appraisal Form (DE-160) is critical in probate administration. This form lists the estate’s assets, including real property, bank accounts, and personal belongings. Executors submit this document to the court to confirm a comprehensive record of what the decedent owned.
A probate referee is a neutral appraiser the court assigns to evaluate certain assets. These include real estate, stocks, and other non-cash possessions that need expert valuation. Their assessment establishes the official value for tax calculations and fees. Executors must provide accurate details on each item to facilitate a fair appraisal.
Precise appraisals protect the estate by reflecting its actual market value. Underreporting or omitting assets can trigger legal complications and potential penalties. Documenting valuations thoroughly also benefits beneficiaries, who gain clarity on the estate’s worth. Courts rely on these records to ensure transparency and compliance with probate requirements.
Once the inventory is complete, the executor gains a clearer view of the estate’s scope. The next phase involves notifying creditors and maintaining organized communications records. Properly tracking responses prevents future disputes and keeps the process on schedule. With the assets cataloged and valued, probate can proceed more efficiently.
San Diego Probate Attorneys
San Diego, CA 92101