Locate and List - Large Assets

As part of the estate administration process you’re going to need to begin locating and listing all of the decedent’s assets. A good place to begin is with the larger assets like real estate and vehicles as these larger assets may generally be easier to locate.

When dealing with real estate you will want to locate the deed for the property. The deed is most important because it will show if the decedent owned that property alone or jointly with an individual or trust. Other things to look for would be tax bills, mortgage statements and insurance policies.

The same thing goes for vehicles. Locate registrations and insurance to figure out if the vehicle is fully owned by the decedent. Depending on what state you reside in, car titles usually pass directly to the surviving spouse unless otherwise granted to someone else in the will.

Contact a professional Estate Administration Lawyer to help streamline the estate administration process.

*This blog entry was not written by an Attorney and should not be constituted as professional legal advice.