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

Estimate the fair market value of household items for the Vermont 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 Vermont is valued at fair market value — what the item would sell for on the open market, not the original purchase price.14 V.S.A. § 1901 (small estate), § 1201 (notice to creditors), §§ 1202-1203 (limitations/creditor claims), § 1065 (fees), § 906 (bond), §§ 2101-2110 (probate bonds, Ch. 101), §§ 1851-1854 (waiver of administration, Ch. 80); 32 V.S.A. § 1434(a)(1)-(8) (formal estate filing fees) and § 1434(a)(30) (small estate $50 fee); V.R.P.P. 80.3 (small estate procedure); re-verified 2026-07-14 against legislature.vermont.gov and vermontjudiciary.orgVerified Jul 15, 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 Vermont 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 Vermont, the executor must file the estate inventory within 2 months of appointment. If assets are discovered later, Vermont requires a supplemental inventory.14 V.S.A. §§ 1051-1053Verified Jul 14, 2026

Estates with personal property under $45,000 in Vermont may qualify for Small Estate Administration, which avoids full probate.14 V.S.A. § 1901 (small estate), § 1201 (notice to creditors), §§ 1202-1203 (limitations/creditor claims), § 1065 (fees), § 906 (bond), §§ 2101-2110 (probate bonds, Ch. 101), §§ 1851-1854 (waiver of administration, Ch. 80); 32 V.S.A. § 1434(a)(1)-(8) (formal estate filing fees) and § 1434(a)(30) (small estate $50 fee); V.R.P.P. 80.3 (small estate procedure); re-verified 2026-07-14 against legislature.vermont.gov and vermontjudiciary.orgVerified Jul 15, 2026 Accurate valuation at fair market value can determine whether the estate falls below this threshold. Check eligibility with the Vermont 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. Vermont lets the executor value most property without a formal appraisal, though valuable items still warrant a qualified appraiser.14 V.S.A. §§ 1051-1053Verified Jul 14, 2026

Once the inventory is filed, tangible personal property in Vermont passes under any specific gifts in the will, then under the will's residuary clause. Without a will, it passes under Vermont intestate succession. See who receives it with the Vermont 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 Vermont. The Vermont probate need checker determines which assets require probate.

Vermont Estate Planning Resources

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