Superintendence Rule 61 allows a fiduciary to
hire an appraiser and leaves it to the parties to set a reasonable
fee. The rule makes it discretionary with the fiduciary as to
when an appraiser is needed, suggesting that property with special
and unusual characteristics would be an appropriate situation
to engage an appraiser.
In Hamilton County Probate Court, Local Rule
61.1 expounds on the Superintendence Rule for the appraisement
of property. Local Rule 61.1 explains who can and who cannot be
an appraiser. It also requires that real estate appraisals be
made by licensed real estate appraisers or by individuals with
appropriate professional experience and training. Unlike some
other probate courts, the Hamilton County Probate Court does not
maintain a list of appraisers for real estate, except as provided
below. An appraisal for household goods and personal effects is
required whenever the aggregate value exceeds $2,000.