Question 38

  1. What is included in the inventory and appraisal?

The inventory should include all property owned by the decedent such as cash, checking, savings, and investment accounts, jewelry, furniture automobiles, collectibles, antiques, business interests and other assets. Once the assets have been identified, they are listed on an inventory and appraisal form as either asset requiring appraisal or assets that does not require an appraisal.