Multiple Choice
Within the time set by state statute, the personal representative must prepare an inventory that includes all of the following EXCEPT:
A) A valuation of the assets at fair market value
B) All real and personal property owned by the decedent at the time of death
C) Administration expenses
D) Identify any encumbrances on assets
Correct Answer:

Verified
Correct Answer:
Verified
Q5: Which can an informally appointed personal representative
Q6: MATCHING:<br>-Administration conducted without notice to interested persons
Q7: When applying for the informal probate of
Q8: MATCHING:<br>-A filing with the court by any
Q9: MATCHING:<br>-An applicant who seeks to be appointed
Q11: A person applying for informal appointment does
Q12: MATCHING:<br>-Settlement of an estate in which some
Q13: MATCHING:<br>-A claim by a creditor of the
Q14: Who has the highest priority for consideration
Q15: Which of the following would necessitate the