Estate Inventory and Appraisement (Alaska)

PREPARATION GUIDE — OPTIONAL OFFICIAL FORM

The Alaska Court System publishes Form P-370 (Inventory of Property) for use in
filing the estate inventory. This template supplies the substantive content; you may
transcribe it onto Form P-370 if you elect to file with the court. The form is available
at https://public.courts.alaska.gov/web/forms/docs/p-370.pdf.

INVENTORY AND APPRAISEMENT OF THE ESTATE

IN THE SUPERIOR COURT FOR THE STATE OF ALASKA, [____] JUDICIAL DISTRICT AT [LOCATION]

1. CAPTION AND CASE INFORMATION

2. PERSONAL REPRESENTATIVE INFORMATION

3. DECEDENT INFORMATION

4. STATEMENT OF DUTY AND FILING DEADLINE

Pursuant to AS § 13.16.365(a), within three (3) months after appointment, the personal representative (who is not a special administrator or a successor to a representative who has previously discharged this duty) shall prepare and file or mail an inventory of property owned by the decedent at the time of death, listing it with reasonable detail and indicating, as to each listed item, its fair market value as of the date of the decedent's death and the type and amount of any encumbrance.

☐ This inventory is prepared within three months after the personal representative's appointment.
☐ The personal representative elects to file the original of this inventory with the court (AS § 13.16.365(b)).
☐ The personal representative elects to mail this inventory to interested persons rather than file it (AS § 13.16.365(b)).

Pursuant to AS § 13.16.365(b), the personal representative shall send a copy of this inventory to interested persons who request it.

5. APPRAISAL METHOD

Under AS § 13.16.370, the personal representative may employ a qualified and disinterested appraiser to ascertain the fair market value, as of the date of death, of any asset whose value may be subject to reasonable doubt; different appraisers may be employed for different kinds of assets. The name and address of each appraiser are indicated below and next to the item(s) appraised. The personal representative self-appraises cash and readily valued items.

SCHEDULE A — REAL PROPERTY

Schedule A Subtotal (gross FMV): $[________________]

SCHEDULE B — TANGIBLE PERSONAL PROPERTY

Schedule B Subtotal: $[________________]

SCHEDULE C — CASH, BANK & FINANCIAL ACCOUNTS

Schedule C Subtotal: $[________________]

SCHEDULE D — SECURITIES & BUSINESS INTERESTS

Schedule D Subtotal: $[________________]

SCHEDULE E — OTHER ASSETS

Schedule E Subtotal: $[________________]

6. RECAPITULATION / SUMMARY

7. VERIFICATION OF PERSONAL REPRESENTATIVE

I, [PERSONAL REPRESENTATIVE FULL LEGAL NAME], the personal representative of the Estate of [DECEDENT FULL LEGAL NAME], declare under penalty of perjury under the laws of the State of Alaska that the foregoing inventory and appraisement is a true and complete list of the property owned by the decedent at the time of death that has come to my knowledge, and that the fair market values stated as of the date of death are true and correct to the best of my knowledge, information, and belief.

Executed on [__/__/____] at [CITY], Alaska.

Signature: ______________________________________

Printed Name: [PERSONAL REPRESENTATIVE FULL LEGAL NAME]

8. APPRAISER'S CERTIFICATE (if a professional appraiser was employed — AS § 13.16.370)

I, the undersigned appraiser, certify that I am qualified and disinterested, and that the value(s) assigned to the item(s) I appraised represent the fair market value as of the decedent's date of death.

Appraiser Signature: ______________________________________
Printed Name / Firm: [____________________]
Address: [____________________] Date: [__/__/____]

9. CERTIFICATE OF SERVICE / FILING

Pursuant to AS § 13.16.365(b) and AS § 13.16.360, a copy of this inventory has been mailed to each interested person who requested it; the original ☐ is / ☐ is not filed with the court.

Signature: ______________________________________
Printed Name: [PERSONAL REPRESENTATIVE / ATTORNEY NAME]
Alaska Bar No.: [________________] (if attorney)
Address / Telephone / Email: [________________________________]

ATTACHMENTS CHECKLIST

☐ Alaska Court Form P-370 (Inventory of Property), if filing with the court
☐ Independent appraisals (real estate, business interests, collectibles) — AS § 13.16.370
☐ Date-of-death account statements (Schedule C)
☐ Brokerage / securities statements (Schedule D)
☐ Vehicle/boat title(s) and valuation printouts (Schedule B)
☐ Supplementary inventory for after-discovered property (AS § 13.16.375)
☐ Proof of mailing to interested persons (AS § 13.16.365(b))

SOURCES AND REFERENCES

• AS § 13.16.365 — Duty of personal representative; inventory and appraisal (three months; FMV at date of death; file or mail; copy on request).
• AS § 13.16.370 — Employment of appraisers.
• AS § 13.16.375 — Supplementary inventory.
• AS § 13.16.360 — Duty of personal representative; information to heirs and devisees.
• Alaska Court System Form P-370 — Inventory of Property: https://public.courts.alaska.gov/web/forms/docs/p-370.pdf