Why should I get a Deceased Estate/Probate Valuation?
Deceased Estates can often cause disputes between beneficiaries most often family members and beneficiaries. An independent valuation of the property ensures that the fair market value of the property can established as at the date of death or for pre-sale advice purposes.
A Probate Valuation is required and is one of many duties of an executor (or administrator) of a will is to value the property within an estate, including the deceased's property. An executor will be required to provide an estimate of the total value of all the assets, so that tax liabilities can be assessed correctly. 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.
Valuations WA are government registered property valuers and members of the Australian Property Institute (API). Bound by the API's Code of Professional Practice, Code of Ethics and Rules of Conduct. Our property valuers undertake Continuing Professional Development seminars through the API regularly and keep up to date with property market conditions.
One of our experienced property valuers are happy to discuss the property valuation you require in more detail. Contact the Office (08) 9242 1611 or send us an email and we'll get back to you.
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