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Ben Jones, UK Lawyer
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where can you find out the value of the estate of someone who

Resolved Question:

where can you find out the value of the estate of someone who has died (2008)?
Submitted: 5 years ago.
Category: UK Law
Expert:  Ben Jones replied 5 years ago.
Hello, thanks for your question. Please press Accept when satisfied with my answer. For now please let me know whether the person left a will?
Customer: replied 5 years ago.

I am not sure, I was going to check that by applying for a copy. There is a notice in the London Gazette with a solicitor's name and address. Newspapers publish information on values of estates, how do they get the information?

Expert:  Ben Jones replied 5 years ago.
There is no easy way of valuing the estate and this is usually done by looking at someone’s will and producing an estimate of the assets left in it. The following are all assets that make up an estate and can be taken into account:
• money in bank, building society or savings accounts
• houses and land
• businesses, or business assets
• investments such as stocks and shares
• personal belongings, including jewellery, antiques and other collectibles
• furniture, fixtures and fittings in a house
• motor vehicles
• pensions that include a lump sum payment on death
• assets in a trust from which the deceased benefited
• payouts from life insurance policies
• foreign assets held abroad including foreign bank accounts, property or shares

Newspapers would usually obtain a copy of the will and value the contents, including any other known assets that may not have been included. So it is best to get a copy of the will from the Probate Registry and work from there.

Please press Accept. I can expand my answer and provide more detailed advice and guidance as necessary and also answer any specific questions you may have. Thank you
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