Wills and Probate FAQs
How is a property valued for probate?
One of the most important aspects of probate is the valuation of the property. The property must be appraised in order to establish its value for tax purposes and to determine who gets what share of the estate. There are a few different ways to value property for probate, including getting an Estate agent to provide an open market value rather than an asking price value or paying for a surveyor’s valuation.