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A. Within ten (10) days after the appointment of a general guardian or guardian of the property of a child, the guardian shall prepare and file with the Court an inventory and appraisal of the child’s property.

B. The appraisal shall be made by a disinterested person who shall certify under oath to his appraisal and may receive reasonable compensation for this service.

C. No appraisal shall be required of items of obvious value, where the value of the estate is reasonably believed to be less than Three Thousand Dollars ($3,000.00). If no appraisal is required then the guardian shall certify under oath to the estimated value of the child’s property.