Estate value
What is the estate worth?
Enter the estate as you understand it to see the gross and net totals. The executors or administrators obtain the grant themselves; we deal with the property once the grant is in hand.
Value at the date of death
Vehicles, possessions, business interests
The estate, as entered
The estate
- Gross assets£400,000
- Less mortgage and debtsminus £5,000
- Net estate£395,000
- Property, less its mortgage£350,000
A simple total of the figures you entered, not a valuation or tax calculation. The executors or administrators apply for the grant and deal with any inheritance tax themselves; GOV.UK explains both. Property Law Online deals with the property once the grant is in hand: the sale, a transfer to a beneficiary on form AS1, or form DJP to remove a deceased joint owner.