15th July 2022
There is a great deal to do when someone close to you dies. In addition to both shock and grief, there are certain formalities which are required by law, all of which can be overwhelming.
Forearmed, is forewarned, and familiarity with the process prior to a death is often both reassuring and helpful.
To briefly summarise, probate is the judicial process of authenticating a last Will and Testament, if the deceased made one. It includes locating and determining the value of the deceased's assets, paying final bills and taxes, and distributing the remainder of the estate to the rightful beneficiaries.
Where do we as Valuers come in?
If property was owned by... more
13th September 2021
The stories behind the pictures - Images and anecdotes that give a tantalising glimpse of the danger and glamour, tragedy and celebrity, seen through the lens of a talented photographer for whom every day was different and every frame counted.
Stephen Markeson, who spent 35 years working for national newspapers, has written an intriguing photographic diary documenting images and the stories behind them from the golden era of Fleet Street, when budgets were limitless, deadlines were tight and getting the film from the camera to the darkroom was a challenge in itself. His determination saw him rise from messenger boy at The Times to the top of his profession as senior staff photojournalist for that paper, and his resourcefulness is... more
24th May 2021
Situated right in the very heart of The Cotswolds, on the escarpment, The Plough Inn provides customers from near and far with a great selection of traditional seasonal food, pub classics and a wide range of real ales and beverages to be enjoyed in a beautiful Cotswold pub environment.
The Plough is hugely popular locally, as a genuine proper pub, serving locally sourced produce and local ales. It is friendly, relaxed and fun!
The Plough has a strong connection to the local horse racing community, being situated just across the road from Jackdaw's Castle, the home of Jonjo O'Neill racing stables. In the season, you will often find shooters with their feet up by our log fire after a long day out and about. In the summer, walkers with children and dogs, cyclists and... more
24th January 2020
Banks, agents, solicitors and accountants will be familiar with red book valuations, but often their clients are not. We thought it would helpful to give an explanation.
Formal valuation reports are always needed for bank security valuations, divorce and litigation and are very often required for capital gains tax, inheritance tax and probate.
These formal valuations are carried out by Registered Valuers who are... more
7th March 2018
There is a great amount to deal with on the death of a loved one. If property was owned by the deceased then this will need to be valued as part of the process to obtain a grant of probate.
In an attempt to make this process easier, we have compiled a short summary of answers to frequently asked questions, designed for family or executors.
Whilst obtaining a probate valuation is administratively important, it is vital to ensure proper co-ordination between valuer and tax advisors to ensure that valuations are properly considered and tax liabilities are mitigated where possible. This is something we do regularly for houses, farmland, estates and equestrian property. We... more
2nd March 2017
Butler Sherborn’s expert property valuations move to a higher level, with evidence recently being given in the High Court, London.
Richard Greasby, who heads Butler Sherborn’s formal valuation work, undertakes a significant number of expert valuation cases, however most are settled without needing to go to Court. Many valuers therefore do not have any Court experience. "I have been fortunate to have previously gained experience by giving evidence in the County Court for... more