© 2026 SimplyTrust Software Inc.
Estimate the fair market value of household items for probate in Nevada. See how reporting accurate values instead of purchase prices affects your probate fees.
Personal property in Nevada is valued at fair market value — what the item would sell for on the open market, not the original purchase price.NRS 150.020, NRS 150.060, NRS 146.080 (small estate, SB 404), NRS 146.070 (set-aside, SB 404), NRS 147.040 (creditor claims), NRS 143.300 (independent admin), NRS 145.040 (SB 404), NRS 142.020 (bond discretionary), NRS 155.020 (publication), NRS 19.013, NRS 19.0302; enrolled SB 404 (2025) + selfhelp.nvcourts.gov; verified via leg.state.nv.us 2026-05-14Verified Jun 1, 2026 Most household items (furniture, electronics, clothing) lose 50-90% of their value. Professional appraisals are used for art, collectibles, jewelry, and other high-value items.
Yes. Nevada has statutory probate fees calculated as a percentage of the gross estate value, which includes personal property.NRS 150.020, NRS 150.060, NRS 146.080 (small estate, SB 404), NRS 146.070 (set-aside, SB 404), NRS 147.040 (creditor claims), NRS 143.300 (independent admin), NRS 145.040 (SB 404), NRS 142.020 (bond discretionary), NRS 155.020 (publication), NRS 19.013, NRS 19.0302; enrolled SB 404 (2025) + selfhelp.nvcourts.gov; verified via leg.state.nv.us 2026-05-14Verified Jun 1, 2026 Reporting accurate fair market values instead of purchase prices directly reduces attorney and executor fees. Use the Nevada probate calculator to see the fee impact.
Estates with personal property under $150,000 in Nevada may qualify for Small Estate Affidavit, which avoids full probate.NRS 150.020, NRS 150.060, NRS 146.080 (small estate, SB 404), NRS 146.070 (set-aside, SB 404), NRS 147.040 (creditor claims), NRS 143.300 (independent admin), NRS 145.040 (SB 404), NRS 142.020 (bond discretionary), NRS 155.020 (publication), NRS 19.013, NRS 19.0302; enrolled SB 404 (2025) + selfhelp.nvcourts.gov; verified via leg.state.nv.us 2026-05-14Verified Jun 1, 2026 Accurate valuation at fair market value can determine whether the estate falls below this threshold. Check eligibility with the Nevada probate need checker.
High-value items such as art, antiques, jewelry, and collectibles typically require professional appraisals. For typical household items — furniture, electronics, appliances, clothing — fair market value can be estimated using comparable sales data. Nevada probate courts require the executor to file an inventory with values for all personal property.NRS 150.020, NRS 150.060, NRS 146.080 (small estate, SB 404), NRS 146.070 (set-aside, SB 404), NRS 147.040 (creditor claims), NRS 143.300 (independent admin), NRS 145.040 (SB 404), NRS 142.020 (bond discretionary), NRS 155.020 (publication), NRS 19.013, NRS 19.0302; enrolled SB 404 (2025) + selfhelp.nvcourts.gov; verified via leg.state.nv.us 2026-05-14Verified Jun 1, 2026
Total probate costs in Nevada include attorney fees, executor fees, court filing fees, and publication costs. Personal property value is one component of the gross estate that determines fee calculations. The Nevada probate calculator provides a complete cost breakdown.
Not necessarily. Items with named beneficiaries (life insurance, retirement accounts), jointly held property, and assets in a trust bypass probate. Only personal property owned solely by the deceased passes through probate in Nevada. The Nevada probate need checker determines which assets require probate.
In-depth guides covering Nevada probate laws, trust requirements, and estate planning strategies.
Click to add a row
Click categories on the left to add items. Name each item, pick a type, and enter what you paid.
These estimates are based on general resale market data and insurance industry depreciation guides. They are approximations, not professional appraisals. Fair market value is what a willing buyer would pay on the open market. For high-value items or contested estates, consult a certified appraiser.
Get a complete guide for your specific circumstances.