Home » Articles » What Do I Include in the Inventory of a Decedent’s Estate?
When a Texas resident passes away, their estate usually has to go through the probate process .
This process ensures that creditors (if any) are paid and it facilitates the distribution of their assets to their beneficiaries. As part of this process, an inventory of the decedent’s assets must be created and filed with the court .
This inventory is an important document that lists all of the assets that the decedent owned at the time of their death. It does not necessarily list all of the assets and, as such, it cannot be used to determine how the assets of the estate will be distributed.
This is a common misconception that we see. Beneficiaries review the inventory and think that this is all of the assets, when that may not be the case.
This leads to the question, “What do I include in the inventory?”