Probate Valuation

Probate

A valuation for probate usually follows the death of the owner of valuables that need to be valued for legal purposes.

The period after a close friend or relative's death can be difficult for everyone involved. We understand that a probate valuation might be the last thing on your mind, but it is important because it will help:

enable HM Revenue and Customs to establish the correct amount of inheritance tax payable, if any
calculate any capital gains on sales made by the executor
establish the value of any assets to be inherited as specified in the will. This is important for the beneficiary's capital gains tax calculations in the future.

We know that a probate valuation can be distressing and we are dedicated in providing a probate valuation service that is sensitive to this and we will guide you through this difficult process so that it is completed swiftly and with ease.

Our full probate service includes:

A written probate valuation
Travel to any location
House clearance
Advise executors on which items to place in safe custody to avoid theft from unoccupied properties
Removal and delivery of bequeathed items
Arrange for items to be offered at the next appropriate auction
Disposal of items unsalable by law
Leave the property clean and tidy

Probate Valuation Costs

£15.00 per item (this may include larger miscellaneous quantities of articles such as costume jewellery)

£15.00 per low value group (this may include up to five items generally worth less than £100.00 each)

Minimum Charge £50.00

All incl. VAT @ 20%

Articles of no commercial value or unsalable will be advised prior to commencement of appraisal. These do not generally require listing unless they are specifically requested for identification purposes.

House Visits for assessing General Chattels £125.00 p/hour plus VAT @ 20% (plus associated travelling costs)

These valuations will satisfy the requirements of Section 160 of the Inheritance Taxes Act, 1984.

For further information please contact Geoff Whitefield on 0121 212 2131 or email This e-mail address is being protected from spambots. You need JavaScript enabled to view it