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Maryland Estate Planning Attorneys > Maryland Probate FAQs > What is required to complete the list of inventory of assets?

What is required to complete the list of inventory of assets?

Video Transcription:

In a Maryland estate, in order to prepare an inventory of assets, the personal representative will need to ascertain all of the assets that the decedent owned at the time of their death as well as the value of those assets. In the case of a car, you could use the Kelley Blue Book value. In the case of real property, you could either get a formal appraisal or you could use the State Department of Assessment and Taxation County Tax Assessment and all of the assets and the values would be reported to the court on that inventory.

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