Deceased estates and probate property settlements can often cause disputes between beneficiaries. These properties if offered to market, are often well advertised by the agent or trustees etc, as ‘Deceased Estates’. It is, therefore, no surprise they are well monitored by many opportunists. It is not until months or even years later that the beneficiaries may learn the true value of the property. Probate Valuations like Capital Gains Tax valuations can be backdated to Date of Death.
An independent valuation assures establishes fair market value at a specific date.