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Property, Vehicles, and Utilities

How do I value personal property for the estate?

Short answer

For common items: use reasonable fair market value (what you could sell it for today, not what it cost). For valuable items — jewelry, art, collectibles, antiques — get a professional appraisal. For probate purposes, an inventory and appraisal may be required…

What this usually means

For common items: use reasonable fair market value (what you could sell it for today, not what it cost). For valuable items — jewelry, art, collectibles, antiques — get a professional appraisal. For probate purposes, an inventory and appraisal may be required by the court.

What to do next

Related questions

Official starting points

Rules and procedures can change. These official sources are the starting points used to review this topic.

Last reviewed: July 27, 2026 · California guidance unless noted otherwise

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