Estate Inventory and Appraisement (Wyoming)

INVENTORY AND APPRAISEMENT OF THE ESTATE

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

1. PERSONAL REPRESENTATIVE INFORMATION

2. DECEDENT INFORMATION

3. STATEMENT OF DUTY AND FILING DEADLINES

Inventory (Wyo. Stat. § 2-7-403). Every personal representative shall make and return to the court, within one hundred twenty (120) days after appointment, a true inventory, upon oath, of all the estate of the decedent, including the homestead, if any, that has come to the personal representative's possession or knowledge. If the inventory is not filed within 120 days, the personal representative must show the court good cause for the delay and the court determines whether to allow an extension. Where Wyo. Stat. § 2-5-101 applies, the inventory shall be filed not more than seventy-five (75) days after the will has been admitted to probate.

Report of appraisal (Wyo. Stat. § 2-7-404). Within one hundred twenty (120) days after the timely filing of the inventory, the personal representative shall file, under oath, a report of appraisal of the values of the estate assets listed in the inventory, filed with the clerk of court.

☐ This inventory is returned within 120 days after appointment (or within 75 days after the will was admitted, where § 2-5-101 applies).
☐ The court has allowed an extension of time to [__/__/____] for good cause.
☐ The report of appraisal is/will be filed within 120 days after the timely filing of the inventory.

4. APPRAISAL METHOD (Wyo. Stat. § 2-7-404)

Each asset is valued as of the date of the decedent's death. Under Wyo. Stat. § 2-7-404(a):

• (i) For assets with a readily determinable market value, the value as of the date of death is stated in writing by one (1) disinterested person.
• (ii) For assets without a readily determinable market value, the personal representative employs disinterested persons to determine the fair market value of each such asset as of the date of death; a separate written report for each such asset, showing the appraiser's basis, is attached.

Different persons may be employed to appraise different assets (§ 2-7-404(b)). Appraiser fees are within the personal representative's discretion, subject to the reasonableness and approval provisions of § 2-7-802(a) at the final report and accounting.

SCHEDULE A — REAL PROPERTY (including homestead) (Wyo. Stat. § 2-7-403)

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 (OATH) OF PERSONAL REPRESENTATIVE (Wyo. Stat. § 2-7-403)

STATE OF WYOMING, COUNTY OF [COUNTY], ss:

I, [PERSONAL REPRESENTATIVE FULL LEGAL NAME], being first duly sworn upon oath, depose and say that I am the personal representative of the Estate of [DECEDENT FULL LEGAL NAME]; that I have made a diligent search and reasonable inquiry for the property of the decedent; and that the foregoing is a true inventory of all the estate of the decedent, including the homestead (if any), that has come to my possession or knowledge, valued at fair market value as of the date of the decedent's death, to the best of my knowledge and belief.

Signature: ______________________________________

Printed Name: [PERSONAL REPRESENTATIVE FULL LEGAL NAME]

Subscribed and sworn before me on [__/__/____].

Notary Public / Clerk of District Court: ______________________________________ My commission expires: [__/__/____]

7. REPORT / CERTIFICATE OF APPRAISAL (Wyo. Stat. § 2-7-404)

I, the undersigned disinterested person, certify under oath that I have appraised, to the best of my ability, the estate assets identified above at their fair market value as of the date of the decedent's death. For each asset without a readily determinable market value, a separate written report showing the basis for the value is attached.

Appraiser Signature: ______________________________________
Printed Name: [APPRAISER NAME] Address: [____________________] Date: [__/__/____]
Items appraised: [____________________] Appraisal fee (subject to § 2-7-802(a)): $[________________]

Subscribed and sworn before me on [__/__/____].

Notary Public: ______________________________________ My commission expires: [__/__/____]

8. CERTIFICATE OF FILING / SERVICE

The inventory (Wyo. Stat. § 2-7-403) is returned to the District Court, and the report of appraisal (Wyo. Stat. § 2-7-404) is filed with the clerk of court. Copies have been served as required.

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

ATTACHMENTS CHECKLIST

☐ Inventory returned upon oath, including homestead (Schedules A–E) (Wyo. Stat. § 2-7-403)
☐ Report of appraisal, under oath, filed with clerk of court (§ 2-7-404)
☐ Separate written appraisal reports for assets without a readily determinable value (§ 2-7-404(a)(ii))
☐ Date-of-death account statements, deeds, and titles supporting values
☐ Showing of good cause for any extension beyond 120 days (§ 2-7-403(a))

SOURCES AND REFERENCES

• Wyo. Stat. § 2-7-403 — Return of inventory of estate by representative (within 120 days; on oath; includes homestead; failure to comply; 75-day rule where § 2-5-101 applies).
• Wyo. Stat. § 2-7-404 — Report of appraisal; verification of values of estate assets (within 120 days after inventory; disinterested persons; filed with clerk of court).
• Wyo. Stat. § 2-5-101 — Probate of will (75-day inventory rule).
• Wyo. Stat. § 2-7-802 — Reasonableness and approval of appraiser fees.
• Wyoming Judicial Branch (District Court probate): https://www.courts.state.wy.us