What is an estate inventory?
An estate inventory is a detailed listing of all assets owned by a deceased person at the time of their death. In Colorado, an estate inventory must be created and submitted to the court when filing for probate. The estate inventory should list any real property, money investments, vehicles, jewelry, furniture, artwork, and other tangible assets the deceased had. It should also include information such as where these items are located and any outstanding debts owed by the deceased. It is important to be thorough and as accurate as possible when creating an estate inventory so that all of the deceased’s assets can be properly distributed according to their wishes. If an estate inventory is incomplete, the court may decline to approve the probate application. If you need help creating an estate inventory, it is best to contact an attorney who specializes in probate law.
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