Estate Inventory and Appraisement (Mississippi)
IMPORTANT: CONFIRM WHETHER THE INVENTORY IS REQUIRED OR WAIVED
Under Miss. Code § 91-7-93, no inventory is required if the requirement is waived in
the testator's will, and the chancellor may waive it in an intestate estate on the
administrator's petition. Even after a waiver, the chancellor may later order an
inventory on a beneficiary's or interested party's petition. Where an inventory IS
required, it is filed (verified by oath) with the Chancery Court / Chancery Clerk
within 90 days of the grant of letters unless the court or clerk allows more time.
Confirm the filing court's current format and privacy requirements before filing.
INVENTORY AND APPRAISEMENT OF THE ESTATE
| Court | Detail |
|---|---|
| IN THE CHANCERY COURT OF | [COUNTY] COUNTY, MISSISSIPPI |
| IN THE MATTER OF THE ESTATE OF: | [DECEDENT FULL LEGAL NAME], Deceased |
| Cause No.: | [____________________________________] |
| Estate Type: | ☐ Testate (Letters Testamentary) ☐ Intestate (Letters of Administration) |
1. EXECUTOR / ADMINISTRATOR INFORMATION
| Field | Detail |
|---|---|
| Name | [FIDUCIARY FULL LEGAL NAME] |
| Capacity | ☐ Executor ☐ Administrator ☐ Administrator with Will Annexed (c.t.a.) ☐ Successor Fiduciary |
| Address | [STREET ADDRESS], [CITY], Mississippi [ZIP CODE] |
| Telephone | [________________________________] |
| [________________________________] | |
| Letters Granted / Date of Appointment | [__/__/____] |
2. DECEDENT INFORMATION
| Field | Detail |
|---|---|
| Full Legal Name | [DECEDENT FULL LEGAL NAME] |
| Also Known As | [AKA(s), if any] |
| Date of Death (Valuation Date) | [__/__/____] |
| Place of Death | [CITY], [COUNTY] County, Mississippi |
| Fixed Place of Residence at Death | [STREET ADDRESS], [CITY], [COUNTY] County, Mississippi [ZIP CODE] |
| Testate / Intestate | ☐ Testate (Will dated [__/__/____]) ☐ Intestate |
| Inventory Requirement | ☐ Required ☐ Waived in will ☐ Waived by court on administrator's petition (intestate) ☐ Ordered after waiver |
If the decedent had no fixed place of residence, confirm venue separately before using the county caption above. Sections 91-7-1 and 91-7-63 have different testate and intestate routes.
3. DUTY AND FILING DEADLINE
Pursuant to Miss. Code § 91-7-93, the executor or administrator shall, within ninety (90) days of the grant of letters (unless further time is allowed by the court or clerk), file an inventory, verified by oath, of the money and property owned by the decedent at the time of death, listing it with reasonable detail and indicating, as to each listed item, its market value as of the date of death and the type and amount of any encumbrance.
There is no requirement to file an inventory if the requirement is waived in the testator's will, and the court or chancellor may waive the requirement in an intestate estate upon the administrator's petition. Even after a waiver, the chancellor may later order an inventory upon petition of a beneficiary or interested party if the chancellor determines it is necessary or advisable.
| Deadline Item | Date |
|---|---|
| Grant of Letters / Date of Appointment | [__/__/____] |
| Inventory Due (grant of letters + 90 days) — § 91-7-93 | [__/__/____] |
| Extension Granted by Court/Clerk (if any) | [__/__/____] |
4. APPRAISAL METHOD
Under Miss. Code § 91-7-109, the executor or administrator may employ a qualified and disinterested appraiser to assist in ascertaining the fair market value, as of the date of death, of any asset the value of which may be subject to reasonable doubt; different persons may be employed to appraise different kinds of assets. The names and addresses of any appraiser shall be indicated on the inventory with the item or items appraised.
Record each appraiser's name and address below beside the item identifiers appraised. Section 91-7-109 permits an appraiser for an asset whose value may be subject to reasonable doubt; it does not require a separate appraiser's certificate.
5. SCHEDULE A — REAL PROPERTY
| Item | Description / Legal Description / Address | Encumbrance (type / amount) | Market Value (date of death) |
|---|---|---|---|
| A-1 | [________________________________] | [____________] | $[________________] |
| A-2 | [________________________________] | [____________] | $[________________] |
| A-3 | [________________________________] | [____________] | $[________________] |
Schedule A Subtotal: $[________________]
6. SCHEDULE B — TANGIBLE PERSONAL PROPERTY
| Item | Description (household goods, vehicles, jewelry, livestock, collectibles) | Encumbrance (type / amount) | Market Value (date of death) |
|---|---|---|---|
| B-1 | [________________________________] | [____________] | $[________________] |
| B-2 | [________________________________] | [____________] | $[________________] |
| B-3 | [________________________________] | [____________] | $[________________] |
Schedule B Subtotal: $[________________]
7. SCHEDULE C — CASH, BANK & FINANCIAL ACCOUNTS
| Item | Institution / Account Type / Last 4 | Encumbrance (type / amount) | Date-of-Death Balance |
|---|---|---|---|
| C-1 | [________________________________] | [____________] | $[________________] |
| C-2 | [________________________________] | [____________] | $[________________] |
| C-3 | [________________________________] | [____________] | $[________________] |
Schedule C Subtotal: $[________________]
8. SCHEDULE D — SECURITIES & BUSINESS INTERESTS
| Item | Description (issuer / shares / closely held interest %) | Encumbrance (type / amount) | Market Value (date of death) |
|---|---|---|---|
| D-1 | [________________________________] | [____________] | $[________________] |
| D-2 | [________________________________] | [____________] | $[________________] |
| D-3 | [________________________________] | [____________] | $[________________] |
Schedule D Subtotal: $[________________]
9. SCHEDULE E — OTHER ASSETS
| Item | Description | Encumbrance (type / amount) | Market Value (date of death) |
|---|---|---|---|
| E-1 | [________________________________] | [____________] | $[________________] |
| E-2 | [________________________________] | [____________] | $[________________] |
| E-3 | [________________________________] | [____________] | $[________________] |
Schedule E Subtotal: $[________________]
Appraisers employed, if any (§ 91-7-109):
| Appraised item identifier(s) | Appraiser name | Appraiser address |
|---|---|---|
| [________________] | [________________] | [________________] |
| [________________] | [________________] | [________________] |
10. RECAPITULATION / SUMMARY
| Schedule | Asset Category | Market Value (date of death) |
|---|---|---|
| A | Real Property | $[________________] |
| B | Tangible Personal Property | $[________________] |
| C | Cash, Bank & Financial Accounts | $[________________] |
| D | Securities & Business Interests | $[________________] |
| E | Other Assets | $[________________] |
| TOTAL VALUE OF ESTATE | $[________________] | |
| Less Total Encumbrances | $[________________] | |
| NET ESTATE VALUE | $[________________] |
11. VERIFICATION / OATH
STATE OF MISSISSIPPI
COUNTY OF [COUNTY]
Personally appeared before me, the undersigned authority in and for the said county and state, [FIDUCIARY FULL LEGAL NAME], who, being first duly sworn, on oath states that the foregoing is a true, complete, and accurate inventory of all the money and property owned by the decedent at the time of death of which the affiant has knowledge, fairly valued at market value as of the date of death, to the best of the affiant's knowledge, information, and belief.
Affiant Signature: ______________________________________
Printed Name: [FIDUCIARY FULL LEGAL NAME]
SWORN TO AND SUBSCRIBED before me this [____] day of [MONTH], [YEAR].
______________________________________
Officer authorized to administer oath
My commission expires: [__/__/____]
12. FILING AND SUPPLEMENT CHECK
☐ Verified inventory (Chancery Court filing)
☐ Order or will provision waiving inventory (if applicable, in lieu of filing)
☐ Court or clerk allowed additional time under § 91-7-93: [DATE / ORDER]
☐ Appraiser names and addresses appear with each appraised item's identifier above
☐ Later-discovered property or erroneous or misleading value or description addressed in a supplementary inventory or appraisement under § 91-7-95
SOURCES AND REFERENCES
- 2019 H.B. 1375, §§ 1–3 — current inventory, supplement, and appraiser provisions in §§ 91-7-93, 91-7-95, and 91-7-109.
- 2020 S.B. 2850 § 3 — testate venue in § 91-7-1.
- 2022 S.B. 2034 § 1 — intestate venue in § 91-7-63.
About this template
- Last updated
- October 8, 2026
- Citations checked
- October 8, 2026
- Jurisdiction
- Mississippi
- Category
- Estate Planning & Wills
Legal authority
- Miss. Code § 91-7-93 (Inventory of money and property owned by decedent; verified by oath; within 90 days of grant of letters unless further time allowed or inventory waived in will or by court)
- Miss. Code § 91-7-95 (Supplementary inventory for omitted property or erroneous or misleading values or descriptions)
- Miss. Code § 91-7-109 (Optional qualified, disinterested appraiser; names and addresses with appraised items)
- Miss. Code § 91-7-1 (Testate venue where decedent had a fixed residence)
- Miss. Code § 91-7-63(1) (Intestate venue where decedent had a fixed residence)
Estate planning documents decide what happens to your property, your children, and your medical care when you cannot make those decisions yourself. Wills, trusts, powers of attorney, and health care directives each serve different purposes and each have to meet state law requirements for signing, witnessing, and notarization. A document that looks fine on the page but was not executed correctly can be rejected in probate, which is exactly when it is too late to fix.
Not legal advice
This template is provided for informational purposes. We recommend having an attorney review any legal document before signing, especially for high-value or complex matters.
Checked against the law it cites
A reviewer verified this template's legal citations against the official source on October 8, 2026.
Miss. Code § 91-7-93 (2019 H.B. 1375 § 1) (checked October 8, 2026): "The executor or administrator shall, within ninety (90) days of the grant of his letters unless further time be allowed by the court or clerk, * * * file an inventory, verified by oath, of the money * * * and property owned by the decedent at the time of death"
Miss. Code § 91-7-93 (2019 H.B. 1375 § 1, waiver) (checked October 8, 2026): "There shall be no requirement for filing an inventory if the requirement of filing an inventory is waived in the testator's will."
Miss. Code § 91-7-95 (2019 H.B. 1375 § 2) (checked October 8, 2026): "If any property not included in the original inventory comes to the knowledge of the executor or administrator, or if the executor or administrator learns that the value or description indicated in the original inventory for any item is erroneous or misleading, he shall make a supplementary inventory or appraisement"
Miss. Code § 91-7-109 (2019 H.B. 1375 § 3) (checked October 8, 2026): "The executor or administrator may employ a qualified and disinterested appraiser to assist him in ascertaining the fair market value as of the date of the decedent's death of any asset the value of which may be subject to reasonable doubt."
Draft your Estate Inventory and Appraisement (Mississippi) in the editor
Answer a few questions, let the AI editor draft each section from your answers, review it, and download Word and PDF. $99 one time, or $249 per month for every document and every Ezel app.