Estate Cleanout, How to Handle Personal Belongings After Death
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- เผยแพร่เมื่อ 8 ก.ค. 2024
- Wondering about estate cleanout? and how to handle personal belongings after death? You've come to the right place! Watch the entire video, or click below to skip to the chapter that you need help with:
00:00 Intro
00:56 When is estate cleanout necessary?
02:54 Estate liquidators
03:45 tip #1 - financial documents
04:24 tip #2 - pay attention!
05:00 tip #3 - work with your family members
05:55 tip #4 - find momentos
06:32 tip #5 - dont discard items
07:42 tip #6 - hire an appraiser when necessary
08:30 tip #7 - get plenty of help
09:15 Buyout company
09:45 Outro
Here at Horizon Real Estate we care about helping you, as the estate executor, administrator or trustee. We want you to feel comfortable throughout the probate process, and to help you get the most money quickly from your estate house or trust property.
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Have a probate house or house in a trust and need guidance on how to prepare and sell? Think of this channel as your real estate resource.
If you’re an executor or administrator and want a free copy of my book "What To Do When You’re Responsible For Real Estate A Loved One Leaves Behind" Or, if you’re a trustee and want a free copy of "Exactly What To Expect As Trustee For Real Estate A Loved One Leaves Behind" simply call my office at 619-741-0111.
I’m a full time REALTOR in San Diego, California with Horizon Real Estate. I’m an expert at helping executors, administrators and trustees with probate houses and houses in a trust. A wife, mom to three grown sons and a daughter, plus She-she (that’s my grandma name) to the two cutest, smartest and busiest kids.
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I am NOT a lawyer or tax professional. The presentations reflect my own understanding of the underlying subjects. However, the presentation is based on my professional experience in the field of real estate. The information contained herein should NOT be used as a substitute for the advice of an appropriately qualified and licensed attorney, tax professional or contracted real estate agent/broker. The information provided here is for informational purposes only. You should consult with a professional to seek legal advice regarding your exact circumstances.
If you want to talk with me about San Diego real estate, fell comfortable calling me at 619-741-0111 or email me at KimWard@ProbateAndTrustHelp.com
California DRE license #01218310
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I got my 84 y.o. mom to read 📚The Gentle Art of Swedish Death Cleaning-It discusses the importance of taking responsibility for the things you've accumulated throughout your lifetime & taking care of it all before you leave the planet-not to leave it to your loved ones to deal w/when you're gone.”
I’ve been helping her clean out for 4 years down to a small apartment! Thanks 🙏 Mom! 😅
That is a great idea! glad to hear it is working well for your mom and will help you with the process after her death. Thank you for watching and commenting!
Good luck. Very few people will address that in their lifetimes. Most people, even understanding the issue, will ignore it even if they wish to do it. I only knew one person in my life who liquidated before they died. Everyone else, did what we mostly do, and just leave it to others when we die.
This tip helped me. Check the pockets. Found a valuable ring that would’ve been cleared out without painstaking attention to detail. Slow down. Tell people you’re in charge if they try to get you to speed up.
Such good reiteration of my advice and an example of what can be found in the pocket of your loved one. So glad you found the video helpful!
Thanks for all of the info. My sister and I are going through this right now. Not junk, not hoarding. But lots of stuff. It's subtle, but I can really tell that you've had lots of experience with these situations. It's way more than do this, do that. It's a unique experience for which there is no training.
My friend found 53K in gold coins his uncle hid in a cat litter box
He didn't have a cat
That is amazing! yes, people sometimes hide things which is why I tell my clients to check every pocket, and box!
These are great tips for an estate clean out.
Yes they are! Thank you for watching Joan Bang
Very helpful
Glad it helped, thank you for watching!
Thank u thank u
My SIL found some very valuable jewelry in my MIL's underwear drawer. My husband and I found $1500 cash inside a hollow copy of Wuthering Heights.
It has been exhausting to close out my in-laws' estate and a huge part of the difficulty has been the amount of STUFF we brought home with us. 😢
I know that the weight you have to carry regarding an estate can be exhausting both physically, mentally, and emotionally. Good luck to you and your loved ones while managing the estate cleanout, I hope you found my content helpful through the process.
They should have hidden the money in "Rich Man, Poor Man."
Thank you so much for offering this to us free of charge! It’s a kindness.
So glad you found it helpful, thank you for watching!
Very well put information. Thanks. Though in my situation, no will, three siblings including one deceased, the other two having had strokes in past four years, there's no help but myself, let alone input. My own health is drained from brothers things that past away four years ago, along with other medical issues not to mention. Mom's sisters are absent since 40 yrs now plus, and her grand children offered to assist, though haven't gone through not one box since her passing Sept. 2020. I've no complaints, though where do I go from here? Feel like stopping the process of personal rep. or if appointed advocate donating house and 30 yrs. of interesting valuables to PBS. Help! In Phoenix, Az. your sister city. Thank you!!
Hi Will, Your experience is not unusual. Some personal representatives have shared that the process is difficult for them. I would like to introduced you to a trusted Certified Probate Real Estate Advisor in our sister city of Pheonix. My recommendation is that you connect with Beth Rebenstorf to see how she can help you make the process easier for you. Thank you for commenting, and I wish you lots of luck through this process.
My sister has indicated that she wants me to be the sole heir of her belongings when she passes. She has no children. We have 2 other sisters from whom we are both estranged. I don’t think she has a Will.. she rents her apt… she has an older car and a few antiques but mostly just her personal belongings and .. she has debt. If I agree to act as her executor, I believe I will need to declare her estate insolvent since I’m pretty certain that her debts outweigh her assets. If there is anything left after selling off her belongings, will the court grant to me some reimbursement for the work of inventory on her personal belongings, filing to the court and contacting her creditors (precedence over anything left to distribute to creditors)? Or I’m I stuck putting in all that effort for no reward?
AA, Since your state that your sister has little in her “estate”, you would most likely put in a lot of work for little reward if any…I would recommend you speak with your sister and verify if she does have anything of value in her estate and if she does, minimally she should draft a will naming you as her heir. Hope this helps!
As an Executrix is it a good idea to shut off the water & electric if your going through probate? The house is currently vacant/Unoccupied with Insurance & I cannot rent it out due to some house repairs at the moment.
No, I would not shut off the water and electrical for the property. You'll need the utilities on for anyone who is interested in buying the property to show, so continue to leave it on. Have you hired a real estate agent to help you through the sale process? If not I could refer someone to you, email me at Kimward@probateandtrusthelp.com.
@@ProbateandTrustHelp I don't want to sale the property. He had a small estate. What happens if his ex wives don't get there money because it's running low from all his expensive? Could they sue me if there isn't any money left from after attorney fees & estate taxes, inheritance taxes etc?
Hi Rachael, whatever remains of the estate after all expenses are paid is what the beneficiaries are entitled to. Expenses would included taxes and attorney fees, you're also entitled to get paid though i will admit the amount is not substantial. Keep good documentation of the finances for the estate to keep yourself in the clear. If you're unsure how to do this I have some other videos on this channel that discuss that subject, you can also speak with your attorney and see if they can offer you some guidance. good luck to you.
Hello, do you only service in CALIFORNIA?
Hi Rachael, thank you for your patience with my reply. I personally only work in San Diego county. However, I have a great deal of contacts in the field, who specialize in probate, all over the United States. If you're handling a probate or trust I would love to refer you to someone. You can contact me via email at KimWard@ProbateAndTrustHelp.com, or you can call my office at 619.741.0111. I look forward to speaking with you.
@@ProbateandTrustHelp Thank you.
the parts with the actors looking at stuff i thought was un necessary and distracting, just give the information i think that is good enough.
Thank you for your feedback.
How do you find a buy out company?
Hi Kira, I found mine through an estate sale company. Most of the time after estate sales, there are items that did not sell and estate sale companies can liquidate the items via a buyout company. Hope that helps!
@@ProbateandTrustHelp thank you very much I appreciate the help 😊
right?? sure
Thank you for watching and commenting!
Something is better than nothing
Hi Kay, please see my response to your previous comment.
I have been lied to by both sides of my family have you ever had any families that lie to you. I did not ask to be born and then thrown away like a piece of rubbish
Hi Kay, please see my response to your previous comment.
I have been cheated by my family for years Thomas Hardy was born Thomas Le Hardy running from the French Armada half of my family dropped the Le in Hardy because they didn't want to be captured by the French Armada. If you wanted to help me to gain what I have lost then please know that I am Borderline autism
Hi Kay, please see my response to your previous comment.