what is the benefit of right inventory
: the right of a surety being sued to compel the suing creditor to also sue the cosureties; also: the right of the surety to be liable only for his or her proportionate share of the debt â benefit of inventory : the right of an heir to be held liable for the debts of the estate only to the extent of the assets in the estate Note: The heir obtains the benefit of inventory by having a qualified public officer (as a notary public) make an inventory of the assets in the estate within the time period set by statute. 3 a: financial help in time of disability, sickness, old age, or unemployment