We wrote this article about the inescapable importance of accurate valuations, because they matter more than many people realize. Value affects how much tax we pay, what we can claim from insurance, and how fairly we share our assets upon death. Put simply, if values … [Read more...]
RICS Probate Valuations & Art of Comparables
A solid property valuation is essential when providing estimates for probate purposes. Any estate worth more than £325,000 in terms the current threshold, attracts 40% inheritance tax above that value. The requirement for accuracy also comes into play when dividing an … [Read more...]
