What Is the Estate's Personal Property Worth for Probate in South Carolina?

Estimate the fair market value of household items for the South Carolina estate inventory — what furniture, electronics, and appliances would sell for today, not what was paid.

Beyond personal items? Track every account, property, and asset.

Frequently Asked Questions

Personal property in South Carolina is valued at fair market value — what the item would sell for on the open market, not the original purchase price.S.C. Code § 62-3-719 (PR compensation, 5% cap, $50 min), § 62-1-111 (attorney fees), § 62-3-1201 (small estate affidavit — $45K personal property, 30-day wait, no real property), § 62-3-1203 (summary administration — $45K), § 62-3-603 (bond not required by default in 4 enumerated cases; § 62-3-605 demand for bond), § 62-3-801(a) (8-month publication notice), § 62-3-803 (creditor claims — earlier of 1 year from death or § 62-3-801(a) period), § 62-3-203 (PR priority order), § 8-21-770(B) (graduated probate court fee schedule: $25 / $45 / $67.50 / $95 tiers, +0.15% over $100K, +0.25% over $600K); 2025 Act No. 26 / H.3472 (small estate + exempt property thresholds raised from $25K to $45K, eff. May 8, 2025). Verified against scstatehouse.gov 2026-07-14.Verified Jul 14, 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.

No. Executors in South Carolina can typically group low-value household goods into a single line on the inventory — for example, "household furnishings and personal effects" — while valuable items such as jewelry, art, and collectibles are listed individually. Each value reflects fair market value as of the date of death.

In South Carolina, the executor must file the estate inventory within 3 months of appointment. If assets are discovered later, South Carolina requires a supplemental inventory.S.C. Code §§ 62-3-706, 62-3-707, 62-3-708Verified Jul 14, 2026

Estates with personal property under $45,000 in South Carolina may qualify for Small Estate Affidavit, which avoids full probate.S.C. Code § 62-3-719 (PR compensation, 5% cap, $50 min), § 62-1-111 (attorney fees), § 62-3-1201 (small estate affidavit — $45K personal property, 30-day wait, no real property), § 62-3-1203 (summary administration — $45K), § 62-3-603 (bond not required by default in 4 enumerated cases; § 62-3-605 demand for bond), § 62-3-801(a) (8-month publication notice), § 62-3-803 (creditor claims — earlier of 1 year from death or § 62-3-801(a) period), § 62-3-203 (PR priority order), § 8-21-770(B) (graduated probate court fee schedule: $25 / $45 / $67.50 / $95 tiers, +0.15% over $100K, +0.25% over $600K); 2025 Act No. 26 / H.3472 (small estate + exempt property thresholds raised from $25K to $45K, eff. May 8, 2025). Verified against scstatehouse.gov 2026-07-14.Verified Jul 14, 2026 Accurate valuation at fair market value can determine whether the estate falls below this threshold. Check eligibility with the South Carolina probate need checker.

High-value items such as art, antiques, jewelry, and collectibles typically require professional appraisals, while typical household items — furniture, electronics, appliances, clothing — can be valued using comparable sales data. South Carolina lets the executor value most property without a formal appraisal, though valuable items still warrant a qualified appraiser.S.C. Code §§ 62-3-706, 62-3-707, 62-3-708Verified Jul 14, 2026

Once the inventory is filed, tangible personal property in South Carolina passes under any specific gifts in the will, then under the will's residuary clause. Without a will, it passes under South Carolina intestate succession. See who receives it with the South Carolina inheritance calculator.

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 South Carolina. The South Carolina probate need checker determines which assets require probate.

South Carolina Estate Planning Resources

In-depth guides covering South Carolina probate laws, trust requirements, and estate planning strategies.