• Home
    • PROPERTY

  • About Us
  • Latest News
  • Contact

Inheritance Tax (Probate) Valuations

The value of the estate assets, including the property, should be the open market value as at the date of death.

If the property was jointly owned with someone else as tenants in common, the deceased’s share will pass in accordance with the terms of their Will or the Rules of Intestacy. The valuation will usually be discounted to take into account that it would be difficult to sell only a share in a property.

Where a property was jointly owned with someone as joint tenants, then it passes automatically by survivorship to the joint owner rather than under the terms of the Will.  The value of the one half share does however have to be reported to HMRC.

contact us

Get in Touch

Please feel free to contact us using the details below. You can call, email, or write to us. Alternatively, you may Request a Call Back here.

We greatly value your questions and comments, and we look forward to hearing from you

Contact Form

* You accept the terms of the privacy policy