A loved one has just died. There are properties left behind. Do you have any idea how to get started?
Losing a loved one is a terrible experience…especially when the loss is sudden, unexpected and possibly preventable. Because of the pandemic, we’ve been losing so many loved ones, grandparents, parents, uncles, friends, cousins, acquaintances. These days, we seem to be extending condolences to our Facebook friends and acquaintances at least once a week.
When there is a loss in a family, the last thing we want to do is think about inheritance, settling of their estate and moving on with our lives. But at the end of the day, settling their estate can’t be avoided.
Our question for today comes from Sarah C. who asks:
“Attorney, my grandfather just died. And my mom and her siblings(who are all in the US) have assigned me to take care of transferring everything to us including 3 properties. I don’t know what to do. It seems like there’s so much I need to do and I feel overwhelmed. Do you have any tips on what I should do first? How I can start this process? ”
If you or your family is in a similar situation as Sarah, stay tuned as we answer her question.
*Sponsor text* This video was brought to you by the Estate Settlement Guide. The fastest way to orient surviving family members when a loved one passes away. You will learn the basics of succession to know who can inherit and how much. It will guide you through the next steps your family needs to take so you don't incur penalties and you transfer the property to the heirs properly.
Protect your family legacy! Avoid unnecessary penalties!
Go to info.legalguide.ph/estate to learn more.