Inventory of Property (UCPR Form 117)

INSTRUCTIONS

 The Inventory of Property must be signed by all applicants and witnessed by the JP or solicitor who witnesses the Affidavit of Applicant. The original Inventory of Property must be attached to the Affidavit of Applicant. You must make 2 other copies of the signed document and attach it to the grant document (see below).

 The Inventory of Property must disclose the NSW assets of the deceased person. Assets of the deceased person located outside of NSW can be noted but if they are then they must be clearly identified by including them under a distinct heading. The value of assets outside of NSW is not used to calculate the gross value of the estate.

 Assets should be described so that they can be clearly identified.

 For real estate in NSW record the address and title particulars. Property that was held by the deceased as joint tenants with someone else passes to the surviving joint tenants, and as such does not form an asset of the estate which needs to be included. Such assets can be noted, but if they are then they need to be clearly identified under a separate heading. The value of such assets is not used to calculate the gross value of the estate. If real estate was held as a tenant in common with other persons, you must state the value of the share held by the deceased as at the date of death. The value of this share must be taken into account when calculating the gross value of the estate.

 Any assets located in NSW other than real estate that will need to be collected or transferred must be accurately described so that the relevant asset holder can identify it. For bank accounts set out the account name and branch, account number and the amount held at the date of death. For shares describe the name of the company and the number of shares.

 For each NSW asset note the known or estimated value of the asset. It is not necessary to obtain a valuation of each asset.

1 Form 117 (version 1) Part 78 rule 10 (1)(a)(iii) SCR Form 96 ANNEXURE ``....''

INVENTORY OF PROPERTY The estate of [name of deceased] Late of:

1.Property owned solely by deceased [ taken into account towards the gross value of the estate] Description Estimated or known value (Describe each item sufficiently to identify it) $(Amount) (add a row for each item)

TOTAL:

2. Property owned Jointly by deceased as tenants in common in equal/unequal shares. [ taken into account towards the gross value of the estate] Description Particulars of other joint Estimated or known value. owner Deceased’s share only (Describe each item Name and address of $(Amount) sufficiently to identify it) other joint owner) (add a row for each item)

TOTAL:

3. Property owned Jointly by deceased as joint tenants with another or others. [This property devolves to the survivor and should not be included in the gross value of the estate] Description Particulars of other joint Estimated or known value owner (Describe each item Name and address of $(Amount) sufficiently to identify it) other joint owner) (add a row for each item)

TOTAL:

This is Annexure ``...'' to the affidavit of (name) sworn at (place) this (date) before me. signature of the applicant: signature of the person before whom the affidavit is sworn: