What is Ohio's deadline for filing the probate inventory?
Three months after the fiduciary's appointment, set by statute in R.C. 2115.02 rather than by local rule, with extensions available for good cause. The inventory covers all tangible and intangible personal property and is filed with the probate court, which holds a hearing and may approve or adjust it.
Which estate assets can skip a formal appraisal in Ohio?
Anything whose value is readily ascertainable. R.C. 2115.02 lets those assets be listed at their date-of-death value without appraisal; vehicles, for instance, may be valued from a nationally recognized guide, and some counties accept auction proceeds in lieu of an appraisal for tangible property.
How is an appraiser selected for an Ohio estate?
The executor or administrator appoints one suitable disinterested person, subject to probate court approval. Under R.C. 2115.06 and 2115.07 the appraiser swears to appraise impartially and must set down each item separately with its value in dollars and cents. Ohio does not restrict the role to holders of any particular state license.
Do modest household goods need appraising in Ohio estates?
Usually not, but the threshold is county-specific rather than statewide. Brown County's probate rules skip formal appraisal for household goods estimated under $5,000, while other counties set their own figures, so the answer depends on the court handling the estate.
Are estate appraisal fees paid by the estate in Ohio?
Yes. R.C. 2115.06 provides that each appraiser is paid an amount set by the executor or administrator, subject to the probate judge's approval, and the fees may be charged against the estate as part of the cost of the proceeding.