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Book a Probate Consultation

At Milestone & Collis we understand that the process of selling a relative’s home or being an executor of an estate can be a sensitive time. We offer free valuations for the purpose of estimating the value of the estate and can advise when it comes to eventual marketing of the property.

You need to complete 3 main tasks when you value the estate with your chosen advocate. We would be happy to put you in touch with recommended local solicitors.


1. Contact organisations such as banks or utility providers about the person’s assets and debts.

2. 
Estimate the estate’s value. This will affect how you report the value to HMRC, and the deadlines for reporting and paying any Inheritance Tax.
 
3. 
Report the value to HM Revenue and Customs (HMRC).

If the person who died was widowed or is giving away their home to their children, the tax threshold can be higher.

Whether there’s tax to pay will affect how you report the estate’s value, and the deadlines for reporting and paying any tax.

Book a one on one consultation with our Probate experts