Appraising all assets and liabilities of the estate is another crucial task the estate executor must oversee. Typically, this is done once the asset inventory is submitted to the probate court where they are independently evaluated. This includes but is not limited to real estate, stocks, bonds, debentures, household goods, and any bank accounts such as investment accounts, pension plans, and more.
In instances where assigning a financial value on an asset is not clear-cut, a professional appraiser or estate accountant can be called upon. Clear Estate’s inventory service simplifies this step, offering executors of the estate and beneficiaries instant access to qualified estate professionals, accountants, and administrators to help with the assessment. Our online platform will only give beneficiaries access to the assets they will inherit and is constantly updated.