Inventory & Appraisement of Assets
At the time you qualify you will be given a West Virginia Estate Appraisement and Inventory Booklet. It will be your responsibility as Fiduciary to identify the decedent’s probate and non-probate assets and the value of those assets as of the date of death.
West Virginia statutes require that you complete an inventory and appraisement within NINETY (90) DAYS of your appointment as Fiduciary.
When returning the Inventory and Appraisement Booklet and the probate assets are more than $100,000 (not including real estate) and there is more than one heir, a Fiduciary Committee is appointed.
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