IN · rules
Ind. Elkhart Cnty. Local Rule LR20-PR00-612
Sale of Assets
612.1. Sale of Personal Property
To the extent that the sale of assets is not authorized by the decedent’s will, no Petition to Sell Personal
Property in a supervised estate or guardianship shall be granted unless a written appraisal, prepared by a
person competent enough to appraise such property and setting forth its fair market value, is filed with the
Petition or was previously filed with the inventory. This rule shall not apply to personal property which is
sold at public auction.
612.2. Date of Appraisal
All appraisals required by 613.1 above shall be made within one year of the date of the Petition to Sell.
612.3. Exempt Assets
No written appraisal shall be required for the sale of assets which are securities traded on a recognized
stock exchange. Such assets include, but are not limited to, stocks, bonds, and mutual funds.
(700 SERIES RESERVED)
LOCAL JURY RULES FOR ELKHART COUNTY
Provenance
- Source
- www.in.gov
- Retrieved
- 2026-10-02
- Edition
- supplied-in-28-21-elkhart-local-rules-2026-01-01
- Content hash
71ed3999bfd967ef89c7c9053bb7e614a1e5420a582eeb861904827345f241a0
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