This form is an official California Judicial Council form which complies with all applicable state codes and statutes. USLF updates all state forms as is required by state statutes and law.
The Riverside County Probate Court requires the filing of an Inventory and Appraisal to accurately account for all assets within an estate. This document outlines the comprehensive list of property, including real estate, personal belongings, investments, and other assets, along with their respective appraised values. However, if you have concerns regarding the accuracy or fairness of the listed inventory or the appraisal value assigned to any property, you have the right to object. Riverside County offers several types of Notices of Filing of Inventory and Appraisal, each serving a different purpose and catered to specific situations. Here, we will discuss the two main types and how to object to both the inventory and the appraised value: 1. Standard Notice of Filing of Inventory and Appraisal: This notice is filed by the executor or administrator of an estate when the inventory and appraisal have been completed and are ready for review. It includes a comprehensive list of all properties, their descriptions, and the appraised values. To object to the listed inventory items, you must follow a specific protocol. a. File a written objection with the court: If you believe that certain properties are missing from the inventory or incorrectly listed, you can file a written objection with the Riverside County Probate Court. Ensure that your objection is specific, detailing the items in question. Be prepared to provide supporting evidence or documentation. b. Attend the hearing: Upon submitting your written objection, you may be required to attend a court hearing to present your case. The court will review your objection, evaluate the evidence presented, and make a decision regarding the disputed items. 2. Notice of Filing Inventory and Appraisal with Proposed Private Sale: This type of notice is filed when the executor or administrator of an estate intends to sell certain assets privately. In addition to the inventory and appraisal details, it provides information about the sale, including the terms, conditions, and proposed sales prices for each item. If you disagree with the appraised value assigned to a property, you can object using the following steps: a. File a written objection with the court: Similar to the standard notice, a written objection must be filed with the Riverside County Probate Court. Clearly state your disagreement with the appraised value, providing supporting evidence or opinions from qualified experts, if available. b. Attend the hearing: Prepare to attend the court hearing and present your objection to the appraised value. The court will evaluate the evidence and make a determination on whether the appraisal should be adjusted or upheld. It is crucial to note that the process of objecting to the inventory or the appraised value varies depending on the specific circumstances of the estate. Consulting with an experienced probate attorney familiar with the Riverside County Probate Court procedures can provide valuable guidance throughout this process, ensuring that your objections are presented effectively and in compliance with the court's requirements.
