Other Personal Property: Enter the current fair market value of all other personal property owned, but not included in the previous entries. Enter the current fair market value of all other personal property owned but not included in any of the previous sections (i.e.Furniture, jewelry, etc.). All businesses are required to file annually a Declaration of Personal Property that lists the assets' original cost. Today's q a session is to help you prepare your business per personal property statement also known as the 571l. Be sure to include your parcel or account number in the email. Probate is the process of proving that the Will is valid (legally acceptable). During probate, the Will must be proved to the satisfaction of the Court. Personal property tax forms. The assessed value is allocated to the taxing district based on where the property is located.