Valuing Shares for Probate – What Executors Need to Know

When dealing with an estate, valuing shares for probate is a crucial responsibility for executors. Accurate share valuation ensures compliance with legal requirements and helps avoid delays or disputes during the probate process. Whether the deceased held shares in public companies or private businesses, you must know the procedure of valuations and how it works. This will surely make the process far smoother.

Why Share Valuation Matters in Probate

Shares form part of the deceased’s assets and must be declared at their correct market value on the date of death. This valuation affects the overall estate value and can influence inheritance tax calculations. Incorrect figures may lead to penalties, queries from authorities, or challenges from beneficiaries, so precision is essential.

Types of Shares Executors May Need to Value

Executors often encounter two main categories: listed and unlisted shares. Listed shares are traded on recognised stock exchanges, while unlisted shares are held in private companies. Each type requires a different approach, with unlisted shares generally being more complex due to limited market data.

How Listed Shares Are Valued

For listed shares, valuation is usually based on the stock market price on the date of death. Where markets fluctuate, an average of the highest and lowest prices on that day may be used. Accurate records and supporting evidence are vital to justify the figures submitted.

Challenges with Unlisted Share Valuation

Unlisted shares require professional assessment. Factors such as company assets, liabilities, profitability, and future prospects are considered. Executors must often rely on expert reports to ensure the valuation reflects a fair and realistic market value.

The Importance of Professional Support

Valuing shares for probate can be time-consuming and legally sensitive. Professional guidance reduces the risk of errors, ensures compliance, and provides reassurance to all parties involved.

IWC Probate Services Helps in Valuing Shares for Probate

IWC Probate Services helps in Valuing Shares for Probate by providing structured, reliable support to executors handling complex estates. Their expertise ensures that both listed and unlisted shares are assessed accurately, with clear documentation to support probate applications. By managing the valuation process carefully, they help executors save time, reduce stress, and avoid costly mistakes. This support allows executors to focus on their wider responsibilities while ensuring share valuations are fair, compliant, and professionally presented.