Assets to be included in inventory and administered

§ 20–901. Assets to be included in inventory and administered (a) The inventory required by chapter 7 of this title shall incite: (1) leases for years; (2) estates for the life of other persons; (3) all goods, wares, merchandise, utensils, and furniture, and things annexed to the freehold which may be removed without prejudice thereto; (4) the growing crop on the land of the deceased; and (5) every other species of personal property, except the clothing of the widow and minor children of the deceased and personal ornaments suitable to their station, and except the property exempted by section 20–706. (b) The items specified by subsection (a) of this section, except those excluded from the inventory by clause (5) thereof, together with the proceeds of real estate sold for the payment of debts, constitute assets to be administered by an executor or administrator.