Del. R. Ch. Ct. 111

As amended through November 14, 2024
Rule 111 - Appraisal

If the Court is not satisfied that the information contained in the inventory or supplemental inventory as to the value of assets listed therein is sufficient, the Court shall appoint an appraiser who shall make an appraisal of the fair market value of the assets listed in the inventory or supplemental inventory within sixty (60) days of the appraiser's appointment and who shall file the same in the office of the Register in Chancery. The appraiser shall estimate the rental value of any real estate and report any matters respecting the assets which in the appraiser's judgment should be brought to the knowledge of the Court for the benefit of the disabled person or beneficiary or for effecting the care, preservation, development or increase of the assets. If it shall appear that the amount of the bond previously given by the guardian or trustee is inadequate for the proper protection of the assets, the Court shall require the guardian or trustee to give additional bond.

Del. R. Ch. Ct. 111