First. We’re sorry you’re in this position. Losing a loved one is especially if you’re now tasked with the challenge of settling will provide you the basic information to begin the process less overwhelming.
FUNERAL ARRANGEMENTS
The first thing you’ll be tasked with is planning the funeral. The funeral home through planning, costs and help you follow your loved ones wishes for the
FILE THE WILL + START PROBATE
The Will and death certificate both need to be filed quickly. The Will is filed no Will, the probate court determines how things get distributed according decedent's state of residence. Upon filing a petition and after receiving all court will issue documentation to a person or entity that can pay the decedent's decedent's assets to the people who are entitled to receive them after notice
SEND NOTIFICATIONS
You will be responsible for notifying people and organizations. This list may will, creditors, insurance companies, social security administration, medicare, and more.
START A BANK ACCOUNT FOR THE ESTATE
Much of your activity on behalf of the estate will involve paying people To keep things legal and protect yourself, it may be a good idea to open the estate.
DISTRIBUTE AND/OR LIQUIDATE ASSESTS
The will or trust determines where the decedent's assets go and how they after family members have received personal property they want to keep, need to be appraised and sold. A reputable auction and real estate company representative with disposing of the remaining assets efficiently and fairly administration can be concluded and final distributions can be completed.
PAY DEBTS + FILE TAXES
Ensure all debts are paid and final taxes are paid prior to making distributions
DISTRIBUTE ASSETS
After all taxes and debts have been paid, assets from the estate may be
is a very difficult time, settling their estate. This guide and make it seem a little
home director and staff will guide you the funeral.
filed in the probate court. If there is according to the laws of inheritance of the proper paperwork, the probate decedent's bills and transfer the notice is provided to creditors.
may include beneficiaries of the medicare, banks, US postal service for debts, taxes, beneficiaries, etc. open a bank account specifically for
WHO CAN HELP?
Estate or probate attorney
they are divided. In many estates, keep, there will be property that will company can help the estate fairly so that the estate completed. distributions out of the estate.
Tax Advisors
Financial Advisors
Real Estate and Auction Professionals Bankers
be distributed according to the will.
YOU’RE NOT ALONE. TAKE ADVANTAGE OF A GROUP OF PROFESSIONALS
The Coffey team has over 35 years experience helping people through the process of settling estates. Working with attorneys, trust advisors and other trusted professionals along the way. Our team has the experience, knowledge and results to guarantee unmatched service and consultation to help inventory, appraise and liquidate personal property and real estate assets.
