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Estate assets

What the estate owns

List everything the estate owns. This shapes the estate accounting.

Inventory total$468,900.00
Assets4
Passes outside probate$96,000.00

Named-beneficiary assets usually pass outside probate. Of the total above, $372,900.00 stays in the probate estate. Keep them on this list even so. Which assets pass outside probate is part of the answer, so removing them takes away the reasoning rather than tidying it.

Estate asset inventory
AssetTypeValue at date of deathProbate treatmentActions
Fidelity brokerage, held by the trustInvestment$340,000.00In the probate estate
Chase checking, in her own nameBank account$18,400.00In the probate estate
Vanguard IRARetirement account$96,000.00Passes outside probate
2019 Subaru OutbackVehicle$14,500.00In the probate estate

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