700-00030 Guidance: Inventory (Vermont)

The 700-00030 Inventory form is a critical document required during probate proceedings in Vermont. This form is essential for the fiduciary—such as an executor, trustee, or guardian—responsible for managing the assets of a decedent's estate, trust, or guardianship. It helps ensure a transparent accounting of all assets, including real estate, bank accounts, and personal property. - Needed when initiating formal probate after the decedent's passing. - Required shortly after being appointed as a fiduciary in estate, trust, or guardianship cases. - Filing of a death certificate typically precedes submitting this inventory form. - Often triggered by a court order or requirement to begin asset distribution. - May follow the completion of a will or testament verification. Once the decedent's death has been officially recorded and the court has appointed the fiduciary, the next step involves gathering an accurate inventory of the decedent's assets. This form ensures all interested parties are informed of the estate's holdings and values, paving the way for further steps in estate settlement or asset distribution.