Probate Valuations

A probate valuation is required to distribute a deceased’s estate to its legal beneficiaries. Beneficiaries may need to pay inheritance tax, if the estate’s value is over the threshold limit. Gains from any property’s sale are subject to capital gains tax, but the amount you owe should be based on the estate’s value at the time of the benefactor’s passing.

As property is usually the most valuable part of any will, it is strongly recommended that you use a RICS qualified Chartered Surveyor in order to undertake an unbiased and professional evaluation of the property, during what can be a difficult and distressing time.

Please be aware that you will be required to provide:

• The date of death
• The full name of the deceased
• Proof of being the executor of the will at the time of instruction

By determining an accurate value of the property, you will be able to effectively divide any estate between the beneficiaries.Brankins comply with stringent guidelines to provide accurate inheritance tax, probate, and capital gains tax valuations.

If you would like more information about any of our services, wish to discuss your requirements for a probate valuation with our expert team and obtain a quote, please do not hesitate to complete our online enquiry form or email valuations@brankins.com