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Inventory Form. This is a Maine form and can be use in Probate Court Statewide.
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Tags: Inventory, DE-405, Maine Statewide, Probate Court
DE-405 1-1-81 STATE OF MAINE COUNTY PROBATE COURT Location of Court DOCKET INVENTORY1Estate of Deceased The following is a true and correct inventory of all of the property owned by decedent at the time of his death and subject to administration in this estate.2 All values listed in 223Value224 column are FAIR MARKET VALUE as of date of death without deductions or adjustments for encumbrances, expenses, or risks of non-collection. NUMBER OF ITEM OF PROPERTY INVENTORIED3PROPERTY DESCRIPTION VALUE ENCUMBRANCES, IF ANY. (Describe in detail, including book and page if recorded.) A. REAL ESTATE (Include book and page, if recorded, and nature of interest.) Total Real Estate American LegalNet, Inc. www.FormsWorkFlow.com DE-405 1-1-81 Page 2 of 3 B. TANGIBLE PERSONAL PROPERTY C. INTANGIBLE PERSONAL PROPERTY (Include name of obligor and nature of obligation. For bank accounts, include name of bank, account number and type of account.)4 Total Personal Property Total Gross Value of Inventory Total Encumbrances Total Net Value Of Inventory American LegalNet, Inc. www.FormsWorkFlow.com DE-405 1-1-81 Page 3 of 3 Names and addresses of appraisers employed, if any, and number of item or items of property appraised by any such appraiser.5 Real Estate Appraiser: Personal Property Appraiser: Numbers of items of property appraised by personal representative. Date Personal Representative Name, address and telephone number of attorney for personal representative, if any. 1 See 18-A MRSA 247 3-706. The inventory must be completed within three months after appointment. A copy of this inventory must be furnished to any interested person who requests it. It may be filed in court. The personal representative shall prepare a supplemental inventory if he discovers probate assets not inventoried within three months or any other error in the original inventory and shall furnish the supplemental inventory, without further requests, to all persons who received the original inventory and who remain interested in the estate. See 18-A MRSA 247 3-708. 2 Only property subject to probate need be inventoried. Jointly held property passing outside of the estate and similar non-probate property should not be listed. 3 This column should be just a number such as 2231224 for example. A typical entry would be as follows: 1. House and lot $50,000 Mortgage to (Personal Residence in , Maine.) See Book 100, Page 1, Bank $20,000, County Registry of Deeds recorded at Book 100, Page 2, County Registry Of Deeds Under appraiser, a typical entry would be: 223[full name of appraiser], P.O. Box 1, , Maine, Items 1, 2 & 3.224 4 Proper listing of intangible property will comply with the requirement for a schedule of credits under 18-A MRSA 247 3-706. 5 The personal representative SHALL EMPLOY an appraiser for determining the date of death value of real estate or securities not regularly traded on recognized exchanges. He may employ one or more appraisers to assist with valuing all other property. See 18-A MRSA 247 3-707. American LegalNet, Inc. www.FormsWorkFlow.com