Deceased Estate
What is a probate valuation?
One of the primary duties of an executor (or administrator) of a will is
to value the entire estate, including the deceased’s property. An executor will be required to provide
an estimate of the total value of all the assets (property/chattels etc), so that tax liabilities can be
correctly assessed. A probate property valuation report is also commonly used to help identify the fair
market value of a deceased estate on behalf of the beneficiaries.
Why and when do I need a probate valuation?
Deceased estates and probate property settlements can often cause
disagreements amongst beneficiaries. Such properties are often targeted by opportunists during what is
commonly a time of grief for the parties involved. Often it is not until months or even years later that
the beneficiaries may learn the true value of the property. Fortunately probate valuations can be
backdated to ‘date of death’ for those that feel an injustice has been done. Our valuers can confirm
fair market value at a specific date.
Why choose Valuations SA?
Our valuers are experienced in providing valuations for probate purposes
and have access to the best property research databases, so we can find the most relevant market sales
have all the necessary details at our finger tips. Our valuers are specialist in the area your property
is located in and understand all the factors of your local market. We produce quality reports at
affordable prices and fast turnaround times.
Please contact us for a guaranteed competitive
quote.
