Articles for Executors
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You have the keys, so now what? A step-by-step real estate guide for executors
If you have been nominated as the executor of an estate that includes real estate or perhaps you find yourself in a place where you will be exercising a power of attorney for another person, there are some initial steps that are important to know when it comes to...
How to become executor of an estate after a death
Have you ever wondered how to become executor of an estate after a death of a close friend or loved one? While we’ve written in the past about the important role an executor plays in securing, managing and liquidating the estate of a beloved friend or family member,...
Helpful tips for the executor
The road to successfully fulfilling the role of executor is often filled with potholes. Still, the law establishes clear procedures and time frames that must be met with respect to assets and liabilities left behind by the deceased individual. Following are some tips...
Examining the executor’s role in managing and selling the home
Last week we talked a bit about the role of the executor, specifically in regards to securing the assets of the estate. Today we’ll stay on topic but switch our focus to managing and selling the home. As you begin to go through the home, you’re likely to find a lot of...
Is there a benefit to having multiple executors?
The role of the executor is an important one. An executor is responsible for paying final debts, distributing the remaining assets to family members, making decisions to achieve these goals on behalf of the deceased and, in many cases, selling real estate and its...
Geriatric care managers can help seniors prepare to downsize and move
It happens to thousands of people across the country every year — reaching the point where you have to help an older friend or family member downsize and move. Fortunately, there are trained professionals who can help us through these difficult life situations. These...
Choose the correct person to conduct your estate sale
Close family members and executors are often charged with the difficult but necessary task of liquidating the belongings of a loved one. While it’s not a simple task, it can be made much easier with the assistance of an experienced estate liquidator. During an estate...
Olear Team plans informational seminars for older adults and caregivers
Michael Olear, a licensed real estate broker and member of the Olear Team at MJ Peterson, will present two educational seminars at Crestmount Senior Apartments, 285 Crestmount Ave., Tonawanda, in May and June. The seminars are open to the community and focus on real...
First Steps for Executor to Secure a Home – Part 2 of 2
This is part two of a two part series that provides a practical checklist for early stage activities for an executor who is charged with managing and selling residential real property and its contents. In the first part, we looked at some steps to secure the asset and...
First Steps for an Executor to Secure a Home – Part 1 of 2
One of the most difficult real estate related challenges for an individual is acting as executor for a deceased person who owned and occupied residential property. Notwithstanding the emotional burden created by the loss of a loved one, there are also the new...
Using Multiple Executors: Blessing or Curse?
First printed in the Buffalo News Homefinder on March 3, 2012 Naming an executor to an estate can be a difficult task, especially knowing that this decision will create stress on top of emotional pain. Sometimes, the will names multiple executors, thinking that they...
Executor’s role concerning to real estate
First printed in the Buffalo News Homefinder on October 22, 2012 Taking on the role of executor is often quite difficult both emotionally and operationally. The law establishes clear procedures and time frames that must be adhered to with respect to assets and...
Estate Sales: Sell the house or the contents first?
First printed in the Buffalo News Homefinder in Summer 2011 Like so many real estate questions that people ask me, the answer to this one is: “It depends.” In this “multi-tasking” age that we all live in the other question that naturally comes up is “Can I Do Both at...
Estate sales: Methods of Liquidation
First printed in the Buffalo News Homefinder on July 19, 2011 Estate Sales – Part 2 of 4 - Methods of Liquidation If an estate sale is held to pay off debt, it is a liquidation sale. Other methods—estate sales, auctions, consignments, garage sales, dealers—each have...
Estate Sales: How do I choose the right person?
First printed in the Buffalo News Homefinder in Summer 2011 In my first two articles we looked at estates sales in general as well as methods of liquidation. Since many people opt for the “tag sale” option, I thought it would be best to discuss the best way to choose...