Ian Bryzek, CPA

How do you build an asset schedule for estate-tax review?

A usable asset schedule names each item, its owner, its value support, and any debt against it.

Vague labels like investments or the house stuff force the CPA to rebuild the inventory from scratch.

Start broad, then refine with statements and appraisals until every material asset has a source document.

What to keep with the file

Start broad, then refine with statements and appraisals until every material asset has a source document.

What to do next

Fill one row per asset before combining categories for presentation.

What to gather

  • Asset name and description
  • Ownership and account or parcel ID
  • Value and supporting document
  • Related debt or lien
  • Notes on missing items

Who usually handles what

  • Ian can organize the tax reporting question and the supporting records.
  • The executor, trustee, or account custodian supplies records and confirms who has authority to act.

A practical next step

Fill one row per asset before combining categories for presentation.

Related guides

This is general tax information, not tax or legal advice. Outcomes depend on the documents, ownership, timing, and law that apply to the particular facts.

Back to Estate tax and Form 706 · Ian Bryzek

Need to talk with Ian Bryzek?

Share the tax question and the records already available. Ian can help identify a practical next step.

(510) 538-6014 ian@bryzekcpa.com