Inventory Estate Assets
1-2 weeksList accounts, property, retirement, and personal property with values.
Field context
This workflow is part of 4 niche fields
Free step-by-step will preparation for estate planners. Plan will preparation with calculators and checklists covering inventory estate assets, choose.
List accounts, property, retirement, and personal property with values.
Name executor, minor guardians, and alternate if primary unavailable.
Budget attorney ($300–$1,500) versus online service for simple estates.
Keep original safe, tell executor location, review every 3–5 years.
Inventory estate assets and debts.
Check if estate tax applies — federal exemption $13M+ era.
Plan annual gift exclusions $18,000/recipient.
Budget attorney or service fees.
Include real property in estate list.
US typical.
| Method | Cost | Best For |
|---|---|---|
| Online simple | $100–$300 | Small estates |
| Estate attorney | $500–$1,500 | Most families |
| Complex trust plan | $2,000+ | High net worth |
Update 401k beneficiaries — faster than probate.
Blended families need attorney — will contests costly.
Non-binding letter guides guardians on values.