CORRECT LEVEL VALUATION CAN MITIGATE TAXATION
Probate Valuations
Probate Valuations can be required as part of the administration process to settle the financial affairs of someone who has died.
The property needs to be valued as at the date of death and this type of professional valuation assesses value that would be achieved at point of sale as at that date.
It is unwise to take assessment of property value from Estate Agents, who provide ‘marketing advice’ only as higher than realistic assessment of property value can increase taxation on the Estate.