Probate Valuation Service
Solicitors and executors are frequently requested by the HMRC to commission an independent 'open market probate valuation' for the chattels belonging to a deceased estate to assess Inheritance Tax Liability.
Kings Russell Auctioneers undertakes such valuations in accordance with Section 160 of the Inheritance Tax Act 1984.
Kings Russell Auctioneers' probate service covers:
The initial on site compilation of an open market probate valuation
The arrangement of transport to collect designated items to be sold at auction.
The sale of these items at public auction or by private treaty
To arrange the clearance of the property
Kings Russell Auctioneers offers very competitive fees which can be agreed upon prior to the valuation being conducted. Please feel free to contact us for further information.