Get an attorney, or contact the estate attorney and have them get an estate sales/auction expert to come in and evaluate everything. Then decide on how you want that person/company to dispose of it all (allowing brother and hubby first dibs on the stuff at the price set - the amount can come out of their shares later).
Hire a dumpster and a cleaning crew. Give them a list of keep items. Jewelry, photos, any thing of value you'd like to keep. Let them make most of the decisions on pure trash and let you make Decisions on things of value.
Estate Cleanout Service Costs
According to Hometown Dumpster Rental, the national average cost for estate cleanout services is between $500 and $2,000. While HomeAdvisor states the average cost for an estate clean-out is $1,250, with a low price of $50 and a high cost of $6,000+.
There is no set time for when a house needs to be cleared. It is the responsibility of the deceased's family to ensure all items are removed from the property. Once this is done, the house can be sold, with the proceeds then being distributed to all designated heirs.
You should first determine whether there is a mortgage on the house. If there is, you'll need to contact the loan servicer. Before they can tell you about the loan balance, you'll need to provide a death certificate and verify that you have inherited the house.
Beck, Lenox & Stolzer Estate Planning and Elder Law, LLC, knows from experience how bad behavior can erupt among the siblings as well. Many people think children automatically inherit a house when their parents die, but this isn't true. It's possible for children to inherit without a will, but it doesn't always happen.
As we mentioned earlier, this can be done through a loan, with the help of family or friends, or through the sale of other assets. After the financing has been secured, you'll need a lawyer to draw up the necessary paperwork. This will include a sales contract and a deed transferring ownership of the property to you.
The straightforward answer is no, and there is no specific time limit on selling an inherited property. However, certain factors will influence the timeline of the sale process. Understanding these nuances is key to ensuring a smooth and compliant sale.
Personal possessions should not be distributed before probate is completed, as they are part of the estate that must be inventoried and appraised. Distributing items prematurely could lead to legal disputes, especially if they are intended for specific beneficiaries.
The simplest solution to get rid of all your stuff is to arrange for a house (domestic) waste removal company to pick up your rubbish. Arranging for the collection of the items destined for rubbish is an easy sand safe way to get rid of large amounts of waste and any awkward to carry items.
Yes, But it's Time to Start Making Other Arrangements
However, if one beneficiary lives in the property to the exclusion of others who also inherit the property, litigation may result between them. In California, any property owned by an individual is subject to probate, including real estate.
What must I do to close the estate? The Personal Representative must file a final account, report and petition for final distribution, have the petition set for hearing, give notice of the hearing to interested persons, and obtain a court order approving the final distribution.
To save time (and your back), consider hiring a junk removal service. If you have just a few bulky items destined for the landfill, check with City Hall or your waste removal service website — the city may pick up large items and haul them to the dump for you. Some companies specialize in home cleanout services.
When a house is transferred via inheritance, the value of the house is stepped up to its fair market value at the time it was transferred, according to the IRS. This means that a home purchased many years ago is valued at current market value for capital gains.
Timelines for transferring property after the owner's death vary by state and can range from a few months to over a year.
The Hive Law indicates, "A house can stay in a deceased person's name until either the probate process is completed or legal actions require a change in ownership. Typically, the probate process takes 6 months to 2 years, depending on the jurisdiction and complexity of the estate.