Terms Used In Vermont Statutes Title 14 Sec. 2792

  • Appraisal: A determination of property value.
  • following: when used by way of reference to a section of the law shall mean the next preceding or following section. See
  • Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
  • Probate: Proving a will

§ 2792. Appraisal to be made; exception

Except in the following cases, such guardian shall cause the estate to be appraised by two or more disinterested persons, to be appointed by the Probate Division of the Superior Court:

(1) when all the estate of the ward is in money, stocks, notes or other demands;

(2) when the ward is a minor, and his or her estate, besides money, stocks, notes or other demands does not amount to the sum of $50.00;

(3) when the value of the estate appears by the records of the court to which the inventory is returnable. (Amended 2009, No. 154 (Adj. Sess.), § 238a, eff. Feb. 1, 2011.)