A critical step in Connecticut’s probate process is preparing an inventory and appraisal of the deceased’s assets. This ensures the Probate Court has a clear picture of what needs to be managed and distributed.
After a fiduciary is appointed by the Probate Court, they must identify and list all assets owned by the deceased at the time of death. In Connecticut, this includes items like bank accounts, real estate, vehicles, and personal property (e.g., jewelry or furniture). The fiduciary submits an inventory form, typically Form PC-440, to the court within two months of their appointment, though extensions may be granted for complex cases.
Each asset must be valued as of the date of death, often requiring a professional appraisal for real estate or unique items. For example, a home in Fairfield County would need a market valuation from a licensed appraiser, while bank accounts are valued based on statements. The court uses these figures to calculate fees and ensure fair distribution to beneficiaries or creditors. Accuracy is essential—errors can lead to disputes or delays.
Connecticut law requires fiduciaries to act diligently and transparently during this step. They must locate assets, verify ownership (e.g., checking deeds or titles), and report jointly owned property separately, as it may not pass through probate. The inventory becomes a public record, so confidentiality is limited.
The process can feel overwhelming, especially for families unfamiliar with probate rules. Probate Courts, like those in New Haven or Stamford, offer guidance, but the fiduciary’s role carries legal responsibilities. Seeking advice from an attorney experienced in Connecticut probate can help ensure compliance and efficiency.
Please find resources available here and for more information, contact us for a free consultation. You may also always contact your local Probate Court.
Disclaimer: This article is for general informational purposes only and does not constitute legal advice. Probate laws vary by case, and professional guidance is recommended. Thomas J. Daly, Attorney at Law LLC, does not form an attorney-client relationship through this content. © 2025 Thomas J. Daly, Attorney at Law LLC.