Clevedon Salerooms Speak at STEP AGM
13th May 2019
Delivering a talk titled: 'What's it worth?' Putting a price on personal property and peace of mind, Toby Pinn from Clevedon Salerooms spoke to the Bristol branch of STEP, the Society of Tax and Estate Practitioners at their AGM held at the Hotel du Vin, Bristol last week. Toby highlighted the importance of using suitably experienced and qualified valuers to value personal property, (historically referred to as chattels), when dealing with deceased estates of all sizes.
Instructions for valuations for this purpose come from far and wide, usually as a result of recommendation, and this year have taken Clevedon's valuers as far a field as London and Eastbourne. The valuers at Clevedon all have at least twenty years experience, some with double that amount.
Many of the delegates present, representing firms in and around the Bristol area specialising in the administration of estates already instruct Clevedon Salerooms to compile inheritance tax valuations. What sets Clevedon apart, in addition to the conscientious service and ability to deal with families at what can be a very difficult time, is the provision of a valuation on a room by room basis that list every item of 'commercial value', rather than just providing a global total figure. A Clevedon Salerooms valuation not only fulfils the HMRC requirements, but is of huge benefit to the family and estate administers when it comes to making informed decisions regarding what to do next, such as dividing items fairly amongst family members and planning the dispersal and subsequent sale of these assets and clearing a property to vacant possession. Clevedon Salerooms are able to undertake the entire process from start to finish and what might appear a daunting task to family members, is simply what we do.
If you would like further information please contact Toby Pinn at the Salerooms.