Handling A Loved One’s Estate Is Never Easy.
(Let Us Make This Tragic Inevitable Life-Event Easier For You!)
That said, no one should ever tell you that being an ‘estate trustee’ can truly be stress-free because decisions will indeed have to be made. Without a doubt, we will make sure that you are always well-informed regarding these decisions - as they pertain to real estate.
We’ll help you at every step along the way and do everything possible to help you find the workable pathways. Of course, you’ll still have to make some real-life choices, but having us as an adviser by your side - will surely help make this task significantly less lonely.
With Condolence, I’ve Been Where You Are.
“Grief is like a currency. Be mindful… do not overspend.”
Dear Sir/Madam,
I offer my deepest sympathies during a time that is nothing short of trying.
Often, many people find that the challenge of settling their loved one’s estate is among life’s more difficult responsibilities and this is where I may be able to help.
Today, most estate homes are sold in their “as-is” condition with no repairs being made. But quite frankly — just by making a few cosmetic changes — a property can sell for a higher price in a shorter period.
As it is now, if you’re unsure whether to sell the house “as-is” or with specific upgrades - I’d be happy to visit the property, perform an inspection and investigation, to give you my professional opinion on preparing the house for sale.
You may not know, that this current market analysis service would be free of charge or any future obligation.
Market Value: This valuation is for the current market range
of the subject house
in its current existing condition as follows:
“The highest price estimated in terms of money which a property will bring if exposed for sale on the open market allowing a reasonable time to find a purchaser who buys with knowledge of all the uses to which it is capable of being used.
This valuation is made on the basis that the source data received is correct and without consideration given to any questions or encumbrances dealing with a title. Also with knowledge and belief, the information used to determine this valuation is true and correct and I have personally inspected the property described.”
At this point, as you weigh the possibilities regarding the real estate (houses, condos, apartments, cottages) under your stewardship, please consider that this option may help you to resolve your current obligations and free you to settle others.
From my experience working with clients involving the Succession Law Reform Act and real estate, I recognize you might be feeling overwhelmed right now.
I understand that handling the estate is just one small part of your duties and accountabilities as the estate trustee.
It is invaluable…
For you to have someone here locally with you in mind to call on and trust with questions, concerns and more.
A name that has reputable contacts and reliable service providers when it comes to servicing probated properties.
Please remember…
When preparing to sell the house with huntinghouses.ca there are many important factors to take into consideration.
From Clean Out To Closing!
Unfortunately, many estate properties suffer from deferred maintenance, either because the late homeowner was ill or simply could not maintain it properly for other reasons.
It’s interesting to note, that you can alleviate the anxiety of repairing and/or maintaining the subject property by leaving the details to my team of carefully vetted reliable home professionals to bring the home up to a marketable condition for it to be sold in a competitive market.
Is the house empty of personal property?
If not, you’ll want to get the estate court’s permission to distribute items as per the last will.
When specific provision is made in the will in regards to personal property many families will choose to meet at the property and decide the items as they see fit.
Other times, an estate sale is held - with all of the proceeds deposited into the estate account to be distributed later as per the will.
What do I do with the car?
Cancel the deceased’s driver’s license with Service Ontario.
Cancel the car insurance
Advise any financial lender or leaseholder to determine if there is a lien on the vehicle
Transfer the ownership by visiting Service Ontario
You’ll need either the Certificate of Appointment and a copy of the will or a letter from your lawyer stating that probate was not required
Are the utilities still on?
In most cases, it’s much easier to sell the property if the utilities are turned on.
What about the plumbing?
Since the property will likely be vacant, you can avoid any chance of a plumbing leak by leaving the water to the property on but shutting it off right before it enters the house.
Have you changed the locks?
Have you redirected the mail, cancelled memberships/subscriptions and the decedent’s credit cards?
Do you have someone to maintain the yard? (etc.)
If you’re not in a position to do it yourself, keep in mind - that I can offer up our list of local contractors who can timetable and complete these details.
Don’t Take On Probate Alone
The process of selling your loved one’s home will likely be emotionally challenging, from sorting personal belongings to finalizing a firm and fast closing.
By surrounding yourself with professionals with empathetic and helpful professionals, this process can be easier. Other than your solicitor, your greatest resources are accountants, financial planners and/or real estate professionals that understand the intricacies of estate property sales.
Everyone needs time to deal with the passing of a loved one.
When it’s time to liquidate the real estate in estate, you need to take the appropriate steps to learn the market, educate yourself and find an empathetic REALTOR® that can save you time, money and headaches during the transaction.
My team is ready to help in every phase of the transaction and get the terms you and your family want and need.
If you have any further questions concerning the property involved in the estate, feel free to contact me on my direct line @ (647.648.9993) or if you find that you need a lawyer to help you in the drafting and authenticating of the will as well as the execution of the estate administration documents, I can also refer you to some of the best I have worked with in the past for a free initial conversation.
Thanks for visiting us online!
Key Information
Here’s what to do next:
Information from the Province of Ontario:
www.ontario.ca/government/what-do-when-someone-dies
How to apply for (probate/estate-trustee estates) in Ontario
https://www.attorneygeneral.jus.gov.on.ca/english/estates/how_to_apply_for_probate.php
The Office of the Children’s Lawyer
https://www.attorneygeneral.jus.gov.on.ca/english/family/ocl/
The Office of the Public Guardian and Trustee
http://www.attorneygeneral.jus.gov.on.ca
Disclaimer: This posting is not legal advice and is intended for informational purposes only. It is not intended to solicit persons or properties currently under contractual agreement.
Always consult a lawyer before making any decisions.