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    Wills Trusts and Estates Administration
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    Exam 14: Informal Probate Administration
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    Within the Time Set by State Statute,the Personal Representative Must
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Within the Time Set by State Statute,the Personal Representative Must

Question 20

Question 20

Multiple Choice

Within the time set by state statute,the personal representative must prepare an inventory that includes all of the following EXCEPT:


A) Administration expenses
B) All real and personal property owned by the decedent at the time of death
C) A valuation of the assets at fair market value
D) Identify any encumbrances on assets

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