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10 Special Needs: of Dealing with Probate Real Estate

Date Added: May 20, 2009 10:28:59 PM
Author: Admin
Category:
  1. Executors or control persons are often located out of town.
  2. Estate attorney may be hard contact or communicate with.
  3. Time delays due to court / executor / trustee approval process.
  4. Unoccupied residence may not “show well”.
  5. Valuable personal property must be properly secured.
  6. Household items must be properly allocated or disposed & records kept.
  7. Importance of accurate, independent and objective appraisals.
  8. Importance of having an; insurance, security and housekeeping / maintenance plan.
  9. Multiple beneficiaries increase the likelihood of family disputes.
  10. Emotional strain on family; grief, emotional paralysis and guilt associated with disposing of loved ones property.
 
 

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