2.30.390 Inventory and appraisement.
(a) Within 90 days of appointment, the personal representative shall file with the Court an inventory in the form of an affidavit listing all property of the estate passing under the will or by laws of intestacy which is in the possession or knowledge of the personal representative.
(b) The inventory shall provide the appraised value of each item as of the date of the decedent’s death, and all encumbrances, liens, or other secured interests charged against any item and all other debts. Such property and debts shall be classified as follows:
(1) Real property, by legal description;
(2) Leases, including without limitation leases of personal property on trust land not disposed of by the United States Department of the Interior Office of Hearing and Appeals;
(3) Stocks and bonds;
(4) Bank accounts and money;
(5) Furniture and household goods;
(6) All other personal property, including without limitation the decedent’s nonprobate assets and any share in any business, but no inventory of the business property shall be required; and
(7) Mortgages, liens, notes, and other written evidences of debt, which shall be listed with the property the debt is associated with, and otherwise listed separately.
(c) The appraised value may be an estimated value so long as there is a rational basis. A formal appraisal is not required, but may be ordered by the Court.
(d) Notice of the filing of the inventory shall be served on each heir, devisee, legatee, creditor, and the Tribal Chair.
(e) If the personal representative obtains knowledge of any additional property of the estate, the inventory shall be amended and the procedures in this section shall be completed within 30 days of acquiring such knowledge. [Ord. 53 § 8511, amended, 10/30/2018; Ord. 50B § 8511, amended, 6/22/2017.]