Probate & Insurance Valuations

 

Inheritance Tax (Probate) Valuations

 

Probate valuations are provided at an ‘open market’ basis in accordance with Section 160 of the Inheritance Tax Act of 1984, with items over the £5,000 threshold listed individually and the remainder placed into more general ‘global’ listings. Where required, we are happy to assist with the identification of specific bequests.

 

Following your initial enquiry, details about the appointment will be taken and, if necessary, a valuer will call you back to discuss your requirements. One of our valuers will be booked to attend your property to value either selected items,or the complete house contents, as instructed.

 

A fully researched typed valuation will be produced (with illustrations if requested) and sent to you within two weeks of the date of the appointment.

 

Extra copies for co-executors can be provided at no extra cost.

 

Insurance Valuations

 

From paintings and ceramics to jewellery and collectables, we understand the importance of protecting your most valuable possessions. Bellmans offers a range of services to help you value your assets so they can be insured safely and accurately.

 

Your insurance company may recommend that you have a professional valuation, or perhaps you would like a list of the items in your home to guide you when looking to renew an insurance policy. These valuations can be produced in various formats:

 

Selected Valuation: a list of items whose replacement values are over a certain amount, for example £5,000. Normally this is antique furniture, silver, jewellery, clocks, watches, paintings, works of art, ceramics and glass, etc.

 

Full Valuation: the complete contents of the property are listed as above, but this will also include an allowance per room for household furniture, carpets and curtains, books and if required electrical items, clothing, garden machinery and more.

 

Two copies of the bound documents (with illustrations if requested) will be sent by recorded delivery.

 

Family Division and Willing Buyer/Willing Seller

 

Valuations for more specific purposes to aid the division of an estate between beneficiaries can be tailored to fit your requirements.

 

 

For further information and to discuss fees and charges please contact:

 

Silas Currie; Sussex Saleroom        
01403 700858 
silas@bellmans.co.uk

 

Iain Rushbrook; Winchester Saleroom      
01962 861789 
iain@bellmans.co.uk