Valuations For Probate By RICS Valuers
Inland Revenue advise that when valuing house contents or chattels for probate, it is, in most cases necessary to instruct a professional to carry out a detailed probate valuation of the chattels when it is believed that individual items exceed £500.
How Do I Value Household Articles And Furniture For Probate
The valuation of house contents for probate should be taken very seriouusly and without professional experience it is difficult to know what furniture and collectibles are worth and sometimes the smallest of items may well exceed a value of £500. It is therefore wise to be cautious and get a professional valuation carried especially if the estate is close to the Inheritance Tax threshold. But if it is very clear that the estate, in total is less than £250.000 it will not be necessary to get an accurate valuation.
Valuation Of House Contents For Probate
Many of our clients choose to get a professional valuation of household belongings and contents just to be on the safe side, avoiding any chance of Inland Revenue investigation, so we are frequently instructed to provide an accurate RICS valuation for probate carried out by one of our team of specialist RICS valuers, who have carried out countless valuations for probate as to date without any complications. We currently submit around 40 valuations each month making us a popular choice with solicitors and executors.
RICS Probate Valuers
Or RICS probate valuers are all specialists in their chosen field, so we are able to value anything of any value that forms part of the estate, including fine art, antiques, collectibles, cars, jewelry, stocks and shares, domestic and commercial property in the UK and overseas.
For more information or a quote for a professional RICS valuation please call Jeffrey Avery directly on 0800 567 7769