Probate Valuations

If you have been appointed as the executor of a Will, or a close relative has died without leaving a Will then it is very likely that you will need to obtain probate on the estate before you can access any of the deceased person’s assets or deal with their financial affairs.

Probate is the formal process by which you ask the Court to recognise your right to deal with the deceased persons affairs, and to give you permission to begin distributing the estate amongst the beneficiaries of the will or the relatives of the deceased.

The court will issue legal paperwork to prove your right to deal with the estate. If you have been appointed as an Executor under a Will then this paperwork is called a “Grant of Probate”. If there is no Will and you are a close relative of the deceased, then the Court will issue “Letters of Administration”.

Realise Solutions UK are proud to offer for solicitors, executors and beneficiaries, a professional probate valuation service to help assess the value of possessions for inheritance tax purposes. Our valuations comply with HMRC Inheritance Tax rules making it easy to complete inheritance tax forms accurately and in accordance with tax laws.

As members of the National Association of Valuers & Auctioneers (NAVA) Realise Solutions UK valuers follow strict codes of professional conduct ensuring our valuations are always impartial.

Probate valuations are provided at an ‘open market’ basis in accordance with Section 160 of the Inheritance Tax Act of 1984, with items over the £1500 threshold listed individually and the remainder placed into more general ‘global’ listings. Where required, we are happy to assist with the identification of specific bequests.

Realise Solutions UK understand that the whole process of probate can be distressing, and we are committed to proving a service that is sensitive and respectful to enable our clients to complete the process with ease.

Next Steps

Following your initial enquiry, details about the appointment will be taken and a valuer will call you back to discuss your requirements, our fees and to arrange a mutually convenient time and date to meet at the property.

A fully researched typed and illustrated valuation will be produced and sent to you or your solicitor within three weeks of the date of the appointment.

Extra copies for co-executors can be provided at no extra cost- either as typed copies or as a PDF via email.

We can also assist with the sale of specific items, the immediate storage of vulnerable valuable pieces and organising the clearance of residual items from the property through third-parties.

Should you have any questions or general enquiries please contact us on the information below – we would
love to hear from you. We are here to help.