California’s executors and administrators are usually obligated to provide an inventory of the estate to the court. The inventory is supposed to include all property to be administered in the decedent’s estate.
California law says that an inventory must specify the following property:
Money owed to the decedent, including debts, bonds, and notes, with the name of each debtor, the date, the sum originally payable, and the endorsements, if any, with their dates. The inventory shall also specify security for the payment of money to the decedent, including mortgages and deeds of trust. If security for the payment of money is real property, the inventory shall include the recording reference or, if not recorded, a legal description of the real property.
The California executor in the middle of probate must also show in the inventory, to the extent ascertainable by the personal representative, the portions of the property that are community, quasi-community, and separate property of the decedent.
For probate help in this area, call Mitchell A. Port. Call (310) 559-5259.