Reappraisal; petition; time of filing
Sec. 2. A person who is dissatisfied with an appraisal approved by
a probate court with respect to a resident decedent's estate may
obtain a reappraisal of the property interest involved. To obtain the
reappraisal, the person must file a petition for reappraisal with the
probate court within one (1) year after the court enters an order
determining the inheritance tax due as a result of the decedent's
death. However, if the original appraisal is fraudulently or
erroneously made, the person may file the reappraisal petition within
two (2) years after the court enters the order.
As added by Acts 1976, P.L.18, SEC.1.
Last modified: May 28, 2006