Estate Inventory and Appraisement (Virginia)

IMPORTANT: THIS IS A PREPARATION GUIDE — NOT THE OFFICIAL COURT FORM

Virginia requires the use of statewide form CC-1670 (Inventory for Decedent's Estate),
filed with the Commissioner of Accounts (not directly with the court clerk). This
template provides the substantive legal content to help you marshal and value estate assets;
you must transfer your content onto form CC-1670 before filing. The form and its
instructions (CC-1670 (INST)) are available at https://www.vacourts.gov/forms/circuit/cc1670.pdf
and https://www.vacourts.gov/forms/circuit/cc1670inst.pdf. Do not file this document directly.

INVENTORY AND APPRAISEMENT OF THE ESTATE

COMMISSIONER OF ACCOUNTS FOR THE CIRCUIT COURT OF [CITY/COUNTY], VIRGINIA

1. PERSONAL REPRESENTATIVE / CURATOR INFORMATION

2. DECEDENT INFORMATION

3. STATEMENT OF DUTY AND FILING DEADLINE

Pursuant to Va. Code § 64.2-1300(A), every personal representative or curator shall, within four (4) months after the date of the order conferring his authority (date of qualification), return to the Commissioner of Accounts an inventory of: (i) all personal estate under his supervision and control; (ii) the decedent's interest in any multiple-party account in any financial institution; (iii) all real estate over which he has the power of sale; and (iv) any other real estate that is an asset of the decedent's estate, whether or not situated in the Commonwealth.

Under § 64.2-1300(D), the fiduciary shall place the market value on each item, determined as of the date of death. Under § 64.2-1300(E), after-discovered assets are reported by amended or additional inventory within four months after discovery.

☐ This inventory is filed within four (4) months after the date of qualification.
☐ This is an amended / additional inventory of after-discovered assets (filed within four months of discovery).

Valuation note (CC-1670 instructions). Report assets as they existed on the date of death, even if they have since changed form. Do not reduce the gross value of any item by the amount of an outstanding mortgage, loan, lien, or other claim against it; encumbrances are noted separately. Real estate may be listed at its locally assessed value.

4. APPRAISAL / VALUATION METHOD

Each item is valued at its fair market value as of the date of the decedent's death (Va. Code § 64.2-1300(D)) — the price at which the property would change hands between a willing buyer and a willing seller, neither under compulsion, both with reasonable knowledge of relevant facts. The personal representative may employ appraisers or other experts to assist; any reasonable expense in determining values is an allowable cost of administration (§ 64.2-1300(D)). Attach an explanation if any method other than fair market value is used for an item.

SCHEDULE A — PART 1: PERSONAL ESTATE UNDER SUPERVISION AND CONTROL (CC-1670 Part 1)

Part 1 Subtotal (assets under your control): $[________________]

SCHEDULE B — PART 2: DECEDENT'S INTEREST IN MULTIPLE-PARTY ACCOUNTS (CC-1670 Part 2)

Part 2 Subtotal (multiple-party accounts — not included in Part 1 total): $[________________]

SCHEDULE C — PART 3: REAL ESTATE OVER WHICH PERSONAL REPRESENTATIVE HAS POWER OF SALE (CC-1670 Part 3)

Part 3 Subtotal: $[________________]

SCHEDULE D — PART 4: OTHER REAL ESTATE IN VIRGINIA (CC-1670 Part 4)

Part 4 Subtotal: $[________________]

SCHEDULE E — PART 5: NON-VIRGINIA REAL ESTATE (CC-1670 Part 5)

Part 5 Subtotal: $[________________]

SCHEDULE F — ENCUMBRANCES / LIENS (informational — do not net against gross value)

Schedule F Total (encumbrances): $[________________]

5. RECAPITULATION / SUMMARY

6. CERTIFICATION REGARDING COPIES (Va. Code § 64.2-1303)

The Commissioner of Accounts may not approve this inventory without a statement regarding copies. Check one:

☐ No copies were requested. No entitled person made a written request under Va. Code § 64.2-1303.
☐ Copies were sent. A copy of this inventory was mailed by first class mail to every entitled person from whom a written request was received, as listed in the Certificate of Service below.

7. CERTIFICATE OF ACCURACY, COMPLETENESS, AND MAILING

Use the certificate printed on current Form CC-1670. Each fiduciary must sign. The official form uses a certification and affirmation under penalty of law; it does not include a notary or clerk oath block for the fiduciary signatures.

I certify and affirm under penalty of law that, to the best of my knowledge and belief, this is an accurate and complete inventory of the estate made in accordance with my responsibilities under Virginia law. I also complete the mailing choice in Section 6 above.

Do not add a notary block unless a separate, current legal requirement applies to an attachment; it is not part of current Form CC-1670's fiduciary certificate.

8. CERTIFICATE OF SERVICE / FILING

This inventory (form CC-1670) is filed with the Commissioner of Accounts for the Circuit Court of [CITY/COUNTY] (Va. Code § 64.2-1300). Copies were mailed by first class mail to entitled persons who requested them (§ 64.2-1303).

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

ATTACHMENTS CHECKLIST

☐ Form CC-1670 (Inventory for Decedent's Estate), Parts 1–5 completed as applicable
☐ Inventory schedules (A–F) supporting CC-1670 (Va. Code § 64.2-1300)
☐ Date-of-death account statements, deeds (source of title), and appraisals supporting values
☐ Certification regarding copies sent / no copies requested (§ 64.2-1303)
☐ Amended or additional inventory for after-discovered assets (§ 64.2-1300(E))

SOURCES AND REFERENCES

• Va. Code § 64.2-1300 — Inventories to be filed with commissioners of accounts (within four months of qualification; market value as of date of death; after-discovered assets).
• Va. Code § 64.2-1301 — When inventory and settlement not required.
• Va. Code § 64.2-1303 — Copies of inventory to be sent to certain persons on request.
• Va. Code § 64.2-1310 — Penalty for failure to make and return inventory.
• Form CC-1670 (Inventory for Decedent's Estate): https://www.vacourts.gov/forms/circuit/cc1670.pdf
• Form CC-1670 (INST) Instructions: https://www.vacourts.gov/forms/circuit/cc1670inst.pdf