Related Definitions
What is Estate Inventory?
A detailed list of all assets, liabilities, and property of a deceased person, filed in probate court.
A comprehensive list of all assets and liabilities belonging to a deceased person’s estate, prepared by the executor or administrator during the probate process. The inventory includes real property, personal belongings, bank accounts, investments, and outstanding debts. The estate inventory is critical for determining the estate’s value, settling debts, and ensuring equitable distribution to beneficiaries according to the will or state laws.
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Related Articles
Insights and advice on trust and probate estate litigation from our blog.
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