Probate
Purpose
A valuation for probate is often used by executors of a will in order to ascertain the hypothetical disposal value of an item. As with an insurance valuation care is taken to fully examine and document the article, although typically the schedule will contain less descriptive detail. The resultant valuation of an item will usually be lower than an insurance valuation as the client is seeking a reasonable estimate of the items disposal value on the open market. This type of valuation does not constitute an offer to purchase the goods.
Charges
We charge 2% of the total appraised value. In addition there is a £45 document preparation fee. All charges include VAT.
Please note:
In the case of rare or exceptional articles, we reserve the right to pass on, with client’s prior agreement, reasonable charges born by us in respect resulting from travel expenses or outsourced research where specialist equipment is required such as x-rays, etc, may be required.
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