The court sent me a notice about filing an inventory. What is that?

An inventory is a State Court Administrative Office (SCAO) form that you fill out and file with the Court. The inventory lists all of the assets of the estate and provides a value of each asset as of the date of death of the decedent. You are only required to list assets of the estate. Any asset that was in joint names or had a beneficiary designated when the decedent died is not an estate asset. Only those assets that were in the decedent’s name alone or held as a tenant in common need to be listed. The court wants to know what assets are in the estate and the total value of the estate. The court will calculate a fee based on the total value of the estate.