Estate Inventory and Appraisement (Utah)

INVENTORY AND APPRAISEMENT OF THE ESTATE

IN THE [JUDICIAL DISTRICT] DISTRICT COURT IN AND FOR [COUNTY] COUNTY, STATE OF UTAH

1. PERSONAL REPRESENTATIVE INFORMATION

2. DECEDENT INFORMATION

3. STATEMENT OF DUTY AND FILING DEADLINE

Pursuant to Utah Code § 75-3-705, within three (3) months after appointment, a personal representative — who is not a special administrator or a successor to another representative who has previously discharged this duty — shall prepare an inventory of property owned by the decedent at the time of death, listing it with reasonable detail, and indicating for each listed item its fair market value as of the date of the decedent's death and the type and amount of any encumbrance that may exist with reference to any item.

Under § 75-3-705, the personal representative shall send a copy of the inventory to interested persons who request it, and may also file the original of the inventory with the court.

☐ This inventory is prepared within three (3) months after appointment.
☐ A copy has been sent to each interested person who requested it (see Certificate of Service, § 8).
☐ The original of this inventory ☐ is / ☐ is not filed with the District Court.

4. APPRAISAL METHOD (Utah Code § 75-3-706)

Each item is listed at its fair market value as of the date of the decedent's death. Under Utah Code § 75-3-706, the personal representative may employ a qualified and disinterested appraiser to assist in ascertaining the fair market value of any asset the value of which may be subject to reasonable doubt. The name and address of any appraiser is indicated on this inventory with the item or items the appraiser appraised (see § 7, Appraiser's Certificate).

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: $[________________]

5. RECAPITULATION / SUMMARY

6. VERIFICATION OF PERSONAL REPRESENTATIVE

I, [PERSONAL REPRESENTATIVE FULL LEGAL NAME], the personal representative of the Estate of [DECEDENT FULL LEGAL NAME], declare under criminal penalty of the State of Utah for false statement that I have made a diligent search and reasonable inquiry for the property of the decedent; that the foregoing is a true and complete inventory of all property owned by the decedent at the time of death that has come to my knowledge or possession; and that the fair market values stated are true and correct as of the date of the decedent's death, to the best of my knowledge and belief.

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

Signature: ______________________________________

Printed Name: [PERSONAL REPRESENTATIVE FULL LEGAL NAME]

7. APPRAISER'S CERTIFICATE (Utah Code § 75-3-706 — if appraiser employed)

I, the undersigned, am a qualified and disinterested appraiser employed by the personal representative under Utah Code § 75-3-706. I certify that I have appraised, to the best of my ability, the items identified above at their fair market value as of the date of the decedent's death.

Appraiser Signature: ______________________________________
Printed Name: [APPRAISER NAME] Address: [____________________] Date: [__/__/____]
Items appraised: [____________________] Appraisal fee: $[________________]

8. CERTIFICATE OF SERVICE / FILING

Pursuant to Utah Code § 75-3-705, a copy of this inventory and appraisement has been sent to each interested person who requested it. The original ☐ is / ☐ is not filed with the [Judicial District] District Court, [COUNTY] County.

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

ATTACHMENTS CHECKLIST

☐ Inventory and appraisement (Schedules A–E) (Utah Code § 75-3-705)
☐ Appraiser's report / certificate, if appraiser employed (§ 75-3-706)
☐ Date-of-death account statements, deeds, and titles supporting valuations
☐ Supplementary inventory for after-discovered or re-valued property (§ 75-3-707)
☐ Proof of service on interested persons who requested a copy (§ 75-3-705)

SOURCES AND REFERENCES

• Utah Code § 75-3-705 — Duty of personal representative; inventory and appraisement (within three months; FMV at date of death; copy to interested persons who request; may file original with court).
• Utah Code § 75-3-706 — Employment of appraisers.
• Utah Code § 75-3-707 — Duty of personal representative; supplementary inventory.
• Utah Code § 75-3-709 — Duty of personal representative; possession of estate.
• Utah State Courts — Probate (District Court): https://www.utcourts.gov/en/legal-help/find-help/probate.html