Estate, Family Provision & Life Interest Valuations
Estate & Succession Valuation Services
Leeson Valuers provides independent property valuation advice for estate administration, wills and estate planning, family provision claims and succession matters.
Our valuations assist Executors, Trustees, Guardians, beneficiaries and legal advisers in establishing the market value of property and other assets for estate and legal purposes.
We undertake valuations for a range of estate-related matters, including:
- Estate administration and distribution;
- Wills and estate planning;
- Family Provision Claims;
- Pre-sale and pre-transfer assessments;
- Related-party and beneficiary transfers;
- Disputes between beneficiaries;
- Establishment of asset values at a specified date; and
- Life interest and remainderman interest assessments.
Our valuation services can include a range of property and personal assets, including:
- Residential houses and units;
- Rural residential properties;
- Household furniture and chattels;
- Antiques and artworks; and
- Other property assets where an independent market valuation is required.
Life Interest & Remainderman Interest Valuations
A life interest is an interest in property that gives a person, known as the life tenant, the right to occupy or otherwise benefit from a property during their lifetime. Following the death of the life tenant, the property or the relevant interest generally passes to another party, known as the remainderman.
The life tenant and remainderman each hold a distinct legal and financial interest in the property, although their respective interests take effect at different times.
Valuing these interests requires consideration of the individual rights attaching to the life interest and the future interest held by the remainderman. Factors such as the market value of the underlying property, age and life expectancy of the life tenant, applicable interest rates, terms of the life interest and the rights and obligations of each party may be relevant to the assessment.
Leeson Valuers provides independent valuations of life tenant and remainderman interests to assist Executors, Trustees, beneficiaries, solicitors and other professional advisers in estate and succession matters.
Our experienced valuers provide clear and well-supported valuation advice to assist with the fair assessment, transfer, distribution or settlement of property interests arising under a Will, estate plan or other legal arrangement.
Leeson Valuers can provide independent property valuations for estate administration, Family Provision Claims, succession planning and life interest or remainderman interest matters.
