Estate Inventory Worksheet (for Executors)

Worksheet for an executor / personal representative to inventory estate assets (real estate, vehicles, bank accounts, investments, personal property) and debts, with an automatic total estate value.

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ESTATE INVENTORY WORKSHEET

Decedent:   Pat A. Sample
Date of death: _______________
Executor / Personal Representative: Jordan Sample
Probate case / court: Multnomah County Circuit Court — Probate Dept.
Values as of: May 23, 2026

This worksheet organizes the decedent's assets and debts to help prepare the estate's records and the court inventory. List date-of-death fair-market values. Non-probate assets that pass by survivorship or named beneficiary are typically excluded — note them below for estate-tax purposes.

ASSETS
A. REAL ESTATE
   • Primary residence, 482 Elm Street (sole ownership)  —  $415,000.00
   • Vacant lot, County Rd 9  —  $38,500.00
   Subtotal: $453,500.00

B. VEHICLES
   • 2019 Toyota Camry (paid off)  —  $17,200.00
   • Utility trailer  —  $1,800.00
   Subtotal: $19,000.00

C. BANK & CASH ACCOUNTS
   • Checking ****1234  —  $6,420.00
   • Savings ****8890  —  $22,150.00
   • Certificate of deposit  —  $15,000.00
   Subtotal: $43,570.00

D. INVESTMENTS & SECURITIES
   • Brokerage account ****4471  —  $58,300.00
   • U.S. savings bonds (Series EE)  —  $4,750.00
   Subtotal: $63,050.00

E. PERSONAL PROPERTY
   • Household furnishings (estimated)  —  $9,000.00
   • Jewelry and watches (appraised)  —  $6,500.00
   • Coin collection (appraised)  —  $3,200.00
   Subtotal: $18,700.00

────────────────────────────────────────────────────────────
GROSS ASSETS (A + B + C + D + E):  $597,820.00

LIABILITIES
F. DEBTS & LIABILITIES
   • Mortgage balance, primary residence  —  $128,400.00
   • Credit card balances  —  $4,310.00
   • Final expenses / funeral  —  $9,500.00
   Subtotal: $142,210.00

────────────────────────────────────────────────────────────
NET ESTATE VALUE (Gross assets − Debts):  $455,610.00
────────────────────────────────────────────────────────────

NOTES
Life insurance ($250,000) names a beneficiary and passes outside probate — not included above. 401(k) has a named beneficiary. Confirm appraisals for jewelry and coin collection before filing the court inventory.

CERTIFICATION
I, the Executor / Personal Representative named above, certify that this inventory is true and complete to the best of my knowledge and belief as of the date shown.

_____________________________     Date: ____________________
Jordan Sample, Executor / Personal Representative

Prepared under the laws of the State of Oregon. This worksheet is an organizing aid and is not the official probate-court inventory form.

About this template

When someone dies, the executor (also called the personal representative or administrator) has a legal duty to identify, secure, value, and account for everything the deceased owned — and most states require filing a formal **inventory and appraisal** with the probate court within a set window, often three to four months after appointment. This worksheet mirrors how that inventory is built: it groups assets into the categories courts expect — real estate, vehicles, bank and cash accounts, investments and securities, and tangible personal property — and lists debts and liabilities separately so the estate's **net value** is clear. Two distinctions matter most. First, value everything at its **date-of-death fair-market value**, not what was originally paid; real estate and valuable personal property (jewelry, collections, art) frequently need a professional appraisal, while bank and brokerage statements supply account balances as of the date of death. Second, separate **probate** from **non-probate** assets: property held jointly with right of survivorship, accounts with payable-on-death or transfer-on-death beneficiaries, and life insurance or retirement accounts with named beneficiaries generally pass outside the will and are not part of the probate inventory — but they can still count toward federal or state estate tax, so this worksheet keeps a notes section to flag them. The automatically calculated gross-assets and net-estate totals give the executor a running picture as entries are added. Keep supporting documents (deeds, titles, statements, appraisals) with the worksheet, and remember that the official court inventory uses your state's specific form and rules — confirm the deadline and format with the probate court or an estate attorney.

When to use it

  • Acting as executor, administrator, or personal representative of an estate.
  • Preparing to file the probate court's required inventory and appraisal.
  • Organizing a deceased family member's assets and debts before distribution.
  • Estimating whether an estate may owe federal or state estate tax.

What to include

  • Decedent name, date of death, executor, and probate case/court.
  • Real estate, vehicles, bank/cash accounts, investments, and personal property with date-of-death values.
  • Debts and liabilities (mortgages, loans, credit cards, final expenses).
  • Automatic gross-assets, debts, and net-estate totals.
  • Notes flagging non-probate assets and pending appraisals.

Frequently asked

Use the fair-market value as of the date of death, not the original purchase price. Bank and brokerage statements give account balances at the date of death; real estate and valuable personal property (jewelry, art, collections) usually require a professional appraisal. Many states require a court-appointed or independent appraiser for non-cash assets.
⚠ Legal disclaimer. This estate inventory worksheet is provided for informational purposes only and is not legal, tax, or accounting advice. It is an organizing aid, not the official probate-court inventory form, and does not determine which assets are subject to probate or estate tax. Inventory requirements, deadlines, valuation rules, and forms vary by state. Consult the probate court and a licensed estate attorney or tax professional for your situation.
Jurisdiction: United States — an executor / personal representative is generally required to file an inventory and appraisal of the decedent's probate assets with the probate court within a state-set deadline (e.g., Cal. Prob. Code §§8800-8804: within 4 months of letters; N.Y. SCPA §2402 / Uniform Probate Code §3-706). The inventory lists assets owned by the decedent at death and their date-of-death fair-market value. Non-probate assets that pass outside the will — jointly held property with right of survivorship, accounts with payable-on-death/transfer-on-death beneficiaries, and life-insurance or retirement accounts with named beneficiaries — are generally NOT part of the probate inventory but may still count for federal/state estate-tax purposes (federal Form 706; the 2026 federal estate-tax exclusion is high but several states impose their own estate or inheritance tax at lower thresholds). This worksheet is an organizing tool, not the official court inventory form.
Last reviewed: 2026-05
Reviewed by ScoutMyTool — consult a licensed attorney for binding use.

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