One of the key responsibilities of a Personal Representative (also known as an Executor) in a Washington probate proceeding is preparing a thorough and accurate estate inventory.

One of the key responsibilities of a Personal Representative (also known as an Executor) in a Washington probate proceeding is preparing a thorough and accurate estate inventory. This inventory is a formal list of the decedent’s assets as of the date of death and is required by Washington law to be completed within three months of appointment. The purpose of the inventory is to establish the value of the estate, assist in determining debts and taxes, and provide beneficiaries with a clear picture of the estate’s holdings. The inventory should include all real estate, personal property such as vehicles, bank accounts, investment accounts, money owed to the decedent, business interests, household items of value, and any other tangible or intangible assets owned by the decedent at the time of death. Debts are not listed on the inventory but are addressed separately during estate administration. Valuing each asset appropriately may require appraisals, account statements, or other documentation. In Washington, while the inventory must be prepared, it is typically not required to be filed with the court or served on beneficiaries unless requested. However, transparency and good recordkeeping are essential, especially if disputes are possible. Preparing a comprehensive inventory early in the probate process lays the foundation for efficient estate administration, accurate tax reporting, and a smoother path to final distribution.

If you’ve been named as Personal Representative of an estate and need assistance or representation, give us a call at 253.858.5434 to set up an appointment today.