Salt Lake City, UT 84111. With a copy provided to: Attn: (d).This form is also used to report involuntary conversions of property used in your trade business that were held for more than one year. Informal probate is the process for asking the court to appoint a personal representative for a decedent's estate without a hearing. Examples of Asset Sales​​ Here's an example of how an asset sale works: Jem and Rio are the spouse co-owners of Hologram Gym. The PARCEL RECORD must be completed for each appraisal.