Real estate is the property held by an estate which includes both land and buildings. Most estates have residential real estate holdings as industrial and office real estate is typically held by organizations. During estate administration, the sale of real estate is often the largest financial transaction making the most significant contribution to the net worth of the estate. Executors may interact with three professions when handling real estate - property managers, appraisers and real estate agents.
What you need to know
What to do when a loved one dies
When people die, they leave behind a life that must be closed out. Don't tackle it all alone. From planning the funeral to tackling the legal & financial estate, here's an ultimate checklist of all the things an executor needs to do following the loss of a loved one.
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