Vermont § 1053 Supplemental inventory

Vermont Statutes

§ 1053 — Supplemental inventory

Vermont § 1053

Title 14Title 14: Decedents' Estates and Fiduciary Relations

Ch. 63Chapter 063: Inventory, Appraisal, and Accounts

This text of Vermont § 1053 (Supplemental inventory) is published on Counsel Stack Legal Research, covering Vermont primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Vt. Stat. Ann. tit. 14, § 1053 (2026).

Text

(a)If the executor or administrator learns of the existence of any property not included in the original inventory or learns that the value or description indicated in the original inventory for any item is erroneous or misleading, the executor or administrator shall:

(1)make a supplementary inventory or appraisal showing the market value as of the date of the decedent’s death of the new item or the revised market value or descriptions, and the appraisals or other data relied upon, if any; and

(2)file the supplementary inventory or appraisal with the court and serve copies of it as provided by the Rules of Probate Procedure.

(b)Upon motion filed within 30 days after the filing of an original or supplemental inventory by any creditor having a claim of more than $1,000.00, or by any heir

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(a) If the executor or administrator learns of the existence of any property not included in the original inventory or learns that the value or description indicated in the original inventory for any item is erroneous or misleading, the executor or administrator shall:
(1) make a supplementary inventory or appraisal showing the market value as of the date of the decedent’s death of the new item or the revised market value or descriptions, and the appraisals or other data relied upon, if any; and
(2) file the supplementary inventory or appraisal with the court and serve copies of it as provided by the Rules of Probate Procedure.
(b) Upon motion filed within 30 days after the filing of an original or supplemental inventory by any creditor having a claim of more than $1,000.00, or by any heir, devisee, or legatee entitled to property or cash of value of more than $500.00 on distribution of the estate, the court shall hold a hearing and may appoint one or more special appraisers to reappraise any item of property reported in the inventory or to appraise any property omitted from the inventory. (Added 2017, No. 195 (Adj. Sess.), § 6.)