Matrimonial & Probate Valuations
Matrimonial Valuations Are Usually Required When Divorce Proceedings Are Enacted, And A Property Asset Requires Valuing For Settlement Purposes. Local Knowledge Of Residential Property Values Is A Pre-Requisite For This Type Of Valuation Where Divorcing Couples Require A Fair And Equitable Settlement Of The Marital Assets. The Same Principle
Applies In Respect Of Probate Valuations Carried Out On Behalf Of Trustees Or Beneficiaries Of A Deceased’s Estate. An Over-Valuation Of A Deceased’s Property Could Leave Beneficiaries Subject To Excessive Iht (Inheritance Tax). It Is Consequently, Imperative That The Property Or Properties In The Deceased’s Estate Are Valued Accurately And Fairly.