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Probate - valuation of bits and pieces
drshadrack
Posts: 13 Forumite
Are there any hard and fast rules to valuing all those none valuable items when it comes to filling in the Probate application? Everyday household objects etc. Can I just suggest a nominal value, put nil or do I have to consider each item specifically? Any help appreciated.
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Comments
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We were advised to put a very nominal value, I think we went for £100. In reality second hand furniture, clothes and nick-nacks aren't worth a lot ... it's the fine art and sports cars you have to look out for!Signature removed for peace of mind0
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We were advised to put £100 as well.0
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If there is no IHT it makes little difference.
If there is IHT then you want a small number.0 -
thank you all0
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