Estate Inventory and Appraisement (Hawaii)

INVENTORY AND APPRAISEMENT OF THE ESTATE

IN THE CIRCUIT COURT OF THE [ORDINAL] CIRCUIT, STATE OF HAWAII

1. PERSONAL REPRESENTATIVE INFORMATION

2. DECEDENT INFORMATION

3. DUTY AND FILING DEADLINE

Pursuant to HRS § 560:3-706, within three (3) months after appointment, a personal representative who is not a special administrator or a successor to a representative who has previously discharged this duty must 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 for each item its fair market value as of the date of the decedent's death and the type and amount of any encumbrance. The personal representative shall send a copy of the inventory to interested persons who request it and may file the original with the court.

4. APPRAISAL METHOD

The personal representative has listed each item at its fair market value as of the date of death. Pursuant to HRS § 560:3-707, the personal representative may employ a qualified and disinterested appraiser to ascertain the fair market value of any asset whose value may be subject to reasonable doubt; different persons may be employed to appraise different kinds of assets, and the name and address of any appraiser must be indicated on the inventory with the item(s) appraised.

☐ No appraiser was required.
☐ Appraiser(s) were employed for the asset(s) noted in the schedules below (see Appraiser's Certificate, Section 11).

SCHEDULE A — REAL PROPERTY

Schedule A Subtotal: $[________________]

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: $[________________]

RECAPITULATION / SUMMARY

5. VERIFICATION

I, [PERSONAL REPRESENTATIVE FULL LEGAL NAME], declare under penalty of perjury under the laws of the State of Hawaii that I am the personal representative of the Estate of [DECEDENT FULL LEGAL NAME]; that I have read the foregoing Inventory and Appraisement; and that the property listed and 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], Hawaii.

Personal Representative Signature: ______________________________________

Printed Name: [PERSONAL REPRESENTATIVE FULL LEGAL NAME]

6. APPRAISER'S CERTIFICATE (if appraiser employed under § 560:3-707)

I, [APPRAISER FULL NAME], certify that I am a qualified and disinterested appraiser, that I appraised the asset(s) identified below at their fair market value as of the date of the decedent's death, and that the values stated are true and correct to the best of my knowledge and belief.

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

7. CERTIFICATE OF SERVICE / FILING

I certify that on [__/__/____], within three (3) months after my appointment, I disposed of the foregoing Inventory and Appraisement as follows (HRS § 560:3-706):

☐ Filed the original with the Circuit Court of the [ORDINAL] Circuit.
☐ Mailed a copy to each interested person who requested it.
☐ Made the inventory available to interested persons on request.

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

ATTACHMENTS CHECKLIST

☐ Letters / order of appointment of personal representative
☐ Real property deeds / TMK records / tax assessment (Schedule A)
☐ Vehicle titles and valuation sources (Schedule B)
☐ Bank / financial account statements as of date of death (Schedule C)
☐ Brokerage statements / stock certificates / business records (Schedule D)
☐ Supporting documentation for other assets (Schedule E)
☐ Appraisal report(s) and Appraiser's Certificate (if applicable)
☐ Proof of mailing to interested persons who requested the inventory

SOURCES AND REFERENCES

• HRS § 560:3-706 — Duty of personal representative; inventory and appraisement (3-month deadline; file or mail; copy to interested persons on request).
• HRS § 560:3-707 — Employment of appraisers; name and address shown on inventory.
• Hawaii Probate Rules (HPR) Rules 60–61 — Inventory; supplemental inventory.