Losing a loved one is obviously a distressing time for those who are left behind and mourning is not made any easier by the administrative tasks that arise. The team at Killens recognise the unwanted pressures that arise and can either assist Executors in handling with affairs or point them in the right direction.
Whilst appointing a solicitor to handle matters is not vital, it can smooth the process and draw matters to a quicker conclusion. In this part of the world, we are fortunate to have good local legal practices that can readily assist in advising on what steps need to be taken so probate is granted and property can be transferred to or sold on behalf of the beneficiaries.
As part of the application for the grant of probate, a valuation of property is often required and this should be undertaken by an RICS qualified valuer to ensure that the valuation is judged sound and the application is not delayed by any investigation by HMRC. Tom Killen undertakes many valuations for probate purposes of all forms of property and comments “I have seen many instances where reliance has been made on valuations undertaken by unqualified estate agents that have either been questioned leading to delays or been too high possibly leading to a higher tax liability. Sometimes, agents value highly feeling that they are also pitching to sell the property. At Killens, our focus is firmly on providing a professional service and we are fortunate to be able to inspect and value property and possessions in one visit.”
Clearing homes, selling chattels and marketing property can be very distressing and Killens are well placed in being able to handle all of these aspects. They can arrange a house clearance, for items to go to auction at their Mendip Auction Rooms, preparing a property for sale and marketing the property. They have dedicated teams who can handle each aspect co-ordinated by a dedicated member of the team.
Tom Killen states “personally I know the difficulties that arise from the loss of a relative and we are on hand to assist in managing the affairs that can arise. We recently acted for the children of parents who had recently passed away within a relatively short period. The children did not know in which direction to turn. They were advised to consult with us and soon realised we could sort everything for them. At our first meeting, there were literally tears of relief and we disposed of the property and chattels in a sympathetic yet advantageous manner”.
For further assistance, contact your nearest office.