Acting for the executors of wills, we will provide a market valuation to determine the value of any property or land at the date of death to assist in the task of dealing with the estate of somebody who has died.
The value of all assets including property, cash and belongings, deducting any outstanding debts is required to determine if any inheritance tax is due. It is usually the responsibility of the executors named in the will to manage this task during the probate process.
A formal valuation conducted by a RICS registered valuer is needed to ensure the correct level of tax is established.
If you’re an executor of a will and have questions regarding valuing property assets during the probate process, our frequently asked questions below try to clear up some common concerns.