Common Mistakes to Avoid During Probate Valuation in Norwich
When it comes to dealing with the estate of a deceased loved one, few tasks are as delicate—and often as confusing—as probate valuation. In Norwich and the broader Norfolk region, executors are required by law to carry out a valuation of the deceased’s estate to determine inheritance tax liabilities and ensure a fair distribution of assets. But despite its importance, probate valuation is fraught with potential pitfalls. Inaccuracies can lead to legal complications, unexpected tax bills, or even disputes among beneficiaries. To help you navigate this complex process more smoothly, we’ve outlined some of the most common mistakes people make during probate valuation—and how you can avoid them.
