Probate & Trust Consulting
Probate Processing Overview
Kensington Porter provides professional consulting oversight for estates, trusts, and private collections. Our role begins when families, executors, or the court need an experienced, neutral party to step in and manage the many moving parts of an estate. We handle every stage of the process, from inventorying and appraising assets to safeguarding property, coordinating sales, and ensuring accurate accounting and distribution. With a foundation built on transparency, documentation, and professionalism, Kensington Porter bridges the gap between legal administration and tangible asset management. Our goal is to protect value, preserve legacy, and provide clarity and confidence to everyone involved in the probate process.
Core Services
Court-Appointed and Special Administration – Acting as a neutral professional to manage estates under court authority.
Asset Inventory, Valuation, and Appraisal – Comprehensive documentation and fair market valuation of personal and estate property.
Secure Storage and Property Preservation – Ensuring all items are protected, cataloged, and maintained throughout the probate process.
Sale Coordination and Distribution of Proceeds – Managing liquidation, private sales, and equitable distribution of assets.
Accounting and Reporting – Providing detailed financial records and transparent updates for attorneys, heirs, and the court.
Fiduciary Management – Overseeing trusts, estates, and unclaimed or abandoned collections with accuracy and accountability.
How to value estate items for court
Courts require Fair Market Value, meaning what an item would realistically sell for today. Valuing estate items usually involves comparing recent sales, noting condition, and documenting each piece with clear photos and descriptions. High-value items get closer review, while everyday household goods are grouped with reasonable estimates. A clean, organized valuation helps the court understand what the estate contains and reduces delays or disputes.
Personal Representation
A personal representative is responsible for guiding the estate through probate: securing the property, taking inventory of assets, paying valid debts, managing paperwork, and ultimately distributing what’s left to the rightful heirs. Their job is to stay organized, follow Nevada’s legal requirements, and make sure every step is documented so the court can move the case forward without issues.
Family Dispute over Property?
When families disagree over property, the safest move is to document everything clearly and neutrally. That means creating a full inventory with photos, descriptions, and fair-market estimates so everyone can see exactly what exists and what it’s worth. A detailed record takes emotion out of the process, gives the court something solid to rely on, and helps prevent arguments from turning into long, expensive delays.
A Transparent and Managed Process Every Step of the Way
Inventory & Appraisal
All estate assets are identified, documented, and valued by qualified professionals. This includes real property, bank accounts, investments, art, antiques, jewelry, vehicles, and personal effects. Reports are prepared for the court and heirs to establish accurate valuations.
Financial Resolution
Creditors and tax agencies are notified, claims are reviewed, and valid debts are paid using estate funds. Detailed records are kept for every transaction, including payments, reimbursements, and expenses incurred during administration.
Distribution of Assets
Once debts and taxes are resolved, the remaining property and funds are distributed to heirs or beneficiaries according to the will or state law. Tangible items may be sold, transferred, or retained based on the estate’s plan and family agreements.
Estate Closure
The administrator prepares a final accounting that summarizes all activities, payments, and distributions. After court review and approval, the estate is formally closed, and fiduciary duties are discharged.
