Deceased Estate Valuations / Probate Valuations
Deceased Estate Valuations / Probate Valuations
Deceased estate valuations or probate valuations are the more unfortunate types of property valuation that a professional valuer has to undertake due to its very nature. The immediate period following the death of a loved one can be extremely upsetting. But for practical reasons, it is necessary to resolve the deceased’s affairs as quickly as possible and all the beneficiaries can receive their intended share of the deceased estate.
Probate Valuations / Deceased Estate Valuations may be required by the executor or administrator of a deceased estate in preparation for a probate settlement. Probate is the legal process of dealing with someone’s assets after they die. The executor or administrator of a will has been appointed to deal with the deceased person's taxes and debts, as well as distribute the assets (including property) of the deceased estate to the beneficiaries.
Why You Need a Deceased Estate Valuation / Probate Valuation?
The inheritance of property of a deceased estate is often the subject of disagreements that could lead to legal challenges by beneficiaries. To ensure the market value of property of the deceased estate is fair to all stakeholders an independent deceased estate valuation / probate valuation is carried out by a suitably qualified and experience professional valuer with the date of valuation being the ‘date of death’.
Our professional valuers will provide an accurate and timely valuation to make distributing your loved one’s estate and complying with the relevant taxation laws less burdensome.
Deceased Estate Valuations / Probate Valuations undertaken by ValuConsult can go a long way to appease the beneficiaries who are usually family members with often biased individual opinions of value. The executor or administrator could also request a valuation for the sale of a deceased estate property for sale purposes.
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