Valuations for Probate
Our expertise and experience ensures:
- Identification and accurate valuation at market value of all goods and chattels owned by the deceased
- You receive a written valuation of the estate that will be of use to the Executors and Beneficiaries in identifying items of value
- You receive advice on how to subsequently distribute the estate ensuring the value of the estate is maximised
- We provide a fast efficient service to the Executors enabling the estate to be settled without unnecessary delays
- We offer a full estate purchase service where we buy items of value at fair market value and will clear the property of low-value items ensuring as little waste as possible- see our property clearance service.
A probate valuation of the assets of a deceased person is required by the Judicial Greffe in Jersey in order to calculate any stamp duty due on the value of the property owned. This property will include all immovable and movable assets, bank accounts, investments, cars, in fact anything owned exclusively by the deceased. However, the valuation should also identify and provide crucial information to the Executor to ensure the value of the Estate is maximised at the time of distribution. Recording unrealistically low values on items or failing to carry out a thorough review and simply recording items as No Sale Value is both unhelpful and unprofessional.
Here at Stephen Cohu Antiques, we provide expert probate valuations on all movable property including antiques and collectables, jewellery, silver, pictures, paintings, coins, second-hand items and white goods.
Our many years of experience means we will carry out a thorough appraisal of the chattels of the deceased ensuring all items of value are properly and accurately identified. These items may be contained within the property, in the bank or securely held elsewhere. We regularly identify during valuations items that were dismissed as having little or no value but actually have significant value. Without our expert identification of these items they may have been disposed of for a fraction of their true value or indeed simply thrown away.
A cursory look at the contents of a property may not be sufficient to find these items and a less than thorough visit will be of little use to either the Executors or Beneficiaries when distributing the estate. Executors rarely know the difference between items of no value and items that are quite valuable and may rely on a valuation that may not be of sufficient detail or accuracy to ensure valuable items are not simply cleared and dumped.
We pride ourselves on our many years of experience and knowledge ensuring you have peace of mind that your loved one s possessions have been fairly assessed in a respectful and accurate manner.