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

Estimate the fair market value of household items for the Wyoming 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 Wyoming is valued at fair market value — what the item would sell for on the open market, not the original purchase price.Wyo. Stat. §§ 2-1-101 (short title "Wyoming Probate Code"), 2-1-201 (small estate affidavit, $400K, 30 days), 2-1-205 (summary distribution, $400K; 2 consecutive weeks publication), 2-2-401 (court filing fee $160 = $110 + $40 + $10, plus value-based fees), 2-3-102/2-3-111 (bond required/waivable), 2-6-122 (probate of will without administration), 2-7-201 (notice by publication, 3 consecutive weeks for full probate), 2-7-404 (appraisal by disinterested persons; no referee system), 2-7-703 (creditor nonclaim, 3 months from first publication), 2-7-801 (1-year completion policy), 2-7-803 (executor fees), 2-7-804 (attorney fees), 2-7-805 (fee allowance procedure); SF0104 2025 Enrolled Act 85 (threshold increase to $400K, eff. 7/1/2025); full Title 2 text from wyoleg.gov/statutes/compress/title02.pdfVerified 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 Wyoming 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 Wyoming, the executor must file the estate inventory within 4 months of appointment. If assets are discovered later, Wyoming requires a supplemental inventory.W.S. §§ 2-7-403, 2-7-404, 2-7-410Verified Jul 14, 2026

Estates with personal property under $400,000 in Wyoming may qualify for Small Estate Affidavit, which avoids full probate.Wyo. Stat. §§ 2-1-101 (short title "Wyoming Probate Code"), 2-1-201 (small estate affidavit, $400K, 30 days), 2-1-205 (summary distribution, $400K; 2 consecutive weeks publication), 2-2-401 (court filing fee $160 = $110 + $40 + $10, plus value-based fees), 2-3-102/2-3-111 (bond required/waivable), 2-6-122 (probate of will without administration), 2-7-201 (notice by publication, 3 consecutive weeks for full probate), 2-7-404 (appraisal by disinterested persons; no referee system), 2-7-703 (creditor nonclaim, 3 months from first publication), 2-7-801 (1-year completion policy), 2-7-803 (executor fees), 2-7-804 (attorney fees), 2-7-805 (fee allowance procedure); SF0104 2025 Enrolled Act 85 (threshold increase to $400K, eff. 7/1/2025); full Title 2 text from wyoleg.gov/statutes/compress/title02.pdfVerified Jul 15, 2026 Accurate valuation at fair market value can determine whether the estate falls below this threshold. Check eligibility with the Wyoming 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. Wyoming requires a formal appraisal of estate property.W.S. §§ 2-7-403, 2-7-404, 2-7-410Verified Jul 14, 2026

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

Wyoming Estate Planning Resources

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