Probate Valuations

CountMagnus

When declaring assets and their values for probate how much detail do you need?

Would one have to declare every book in a library individually for example or can you just estimate the whole value?

RAS

Unless the books are very valuable, it's common to allow £500-1k for chattels plus extra if there's good jewelry, paintings or Persian carpets.

Keep_pedalling

Unless, like Charlie Watts estate,  the book collection is made up of 1st editions just lump them together for a nomimal sum.

CountMagnus

That's great thanks

Savvy_Sue

the idea that the survivor of DH and I might have to individually value the very large collection of books in this house is probably the only thing which would persuade him to part with a few ... 

Hoenir

My late mother had a variety of unusual objects that she accumulated over many years. Including some very old pieces of silver. A local auction house came and performed a valuation. Provided a report that we used for probate. 
A number of the items were grouped in job lots not singularly listed.  

We ultimately sent most to auction. Other than specfic pieces that family members wished to retain for themselves.