Executor guide
What Is a Probate Valuation? A Complete Guide for Executors
A probate valuation establishes an asset's Open Market Value at the date of death. A plain-English guide to estate reporting and professional valuations.
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Probate Valuation Journal
Clear, practical guidance for executors navigating estate valuations, HMRC requirements and professional reports.
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Advice for Executors
Researched explainers to help you make confident, well-documented decisions.
Open Market Value for Probate — What It Means and Why It Matters
Open Market Value is the legal standard HMRC requires for probate. A plain-English explanation of section 160 IHTA 1984, whether probate value differs from market value, and how OMV differs from insurance value.
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Do You Need an Official House Valuation for Probate?
When an estate agent's free market appraisal is enough for probate, when a RICS Red Book valuation is the safer choice, and what each option costs.
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House Sold for More (or Less) Than the Probate Value — What HMRC Expects
A property that sells above or below its probate value can trigger Capital Gains Tax, an IHT38 loss on sale claim, or an HMRC review. What executors need to know.
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The HMRC £1,500 Rule Explained
What the £1,500 figure on form IHT407 actually requires, when HMRC recommends a professional valuation, and how executors evidence estate values.
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What Counts as a "Single Item"? Sets and Collections in Probate Valuation
How sets, pairs and collections are valued for probate, what the £1,500 jewellery figure on IHT407 means, and when specialist evidence helps.
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The 6-Month Inheritance Tax Deadline Explained
Inheritance Tax is generally due by the end of the sixth month after death. A guide to the deadline, Direct Payment Scheme, instalments and late-payment interest.
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Incorrect Probate Valuation — How to Amend the Value
A probate value can be corrected. How errors happen, how to amend figures before and after the grant using form C4, and what under- or overvaluation costs.
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Probate Valuer Qualifications: NAJ, IRV, RICS, Gem-A Explained
Which qualifications are relevant to probate valuation? A practical guide to NAJ, IRV, RICS, Gem-A, SOFAA and professional indemnity insurance.
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Complete Executor's Checklist for Valuations
A step-by-step guide for executors handling probate valuations. From identifying assets to submitting IHT forms.
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Probate vs Insurance Valuation — What's the Difference?
Probate and insurance valuations answer different questions and produce different figures. What executors need to know about each, and when you need both.
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