Rule 12.1.1 - Family Exemption. Appraisal(a) Where the exemption is claimed from personal property included in the inventory filed, the value of each item so claimed shall be that given in the inventory filed.(b) Where the exemption is claimed from personal property forming part of a Small Estate and no inventory has been filed, the value of each item claimed shall be the fair value thereof.(c) Unless otherwise directed by the Court, no appraisal shall be required if the exemption is claimed; (2) from personal property and the gross value of the estate does not exceed the amount of the exemption;(3) in real or personal property at valuations agreed upon by all parties in interest.