(The following is excerpted from my book, How to Clean Out Your Parents’ House (Without Filling Up Your Own), just 99 cents today at Amazon.)
Going through a parent’s estate is a minefield for families. At a time when family members are at their most emotional and vulnerable, they have to make decisions that can cause all sorts of dissension and stress… unless their late parent left specific instructions regarding who gets their belongings. In the majority of cases, that didn’t happen.
So most families have the job of fairly and amicably working out who gets what. There are some good procedures for doing this, and we’ll get to them in a moment. But first, let’s look at some of the bombs that may go off as we tiptoe our way through this minefield:
Greed: Unfortunately, death triggers the greed gene in some people. You may be surprised at who gets greedy amongst your own clan. It might even be you.
Denial: One of the stages of grief, denial during the disposition of the estate takes the form of someone not wanting to disturb the estate: not now or next week, or ever. (Afterwards, this person often wants to take home all the trash and everything else no one wants, in an effort to “save what’s left of the estate.”)
Control: One or more family members try to take control of the proceedings, even if they have no claim for doing so.
Laziness: As the scope of the job becomes apparent, some family members decide they’re not up for it, and leave. But they’ll expect checks for their share of the proceeds just the same. In a similar vein, it’s often a family member who can’t or won’t go through the estate (or research, sell and ship any of it) that thinks it’s all too valuable to just give away.
Regression: Seeing parents’ possessions often triggers childhood memories, and childhood rivalries as well. Adults who are only a few years apart suddenly start behaving like big sister and little sister, complete with bossiness and whining.
Impatience: One or more family members who are understandably eager to get back to their own lives decide to just pitch everything in order to save time. This doesn’t go over well with those who are more sentimental, or those who know there are items of monetary value in the estate.
Vendettas: Old sibling rivalries and disagreements flare up, resulting in those with vendettas taking anything the subjects of their ire might want, even if they don’t like it, just so the “undeserving” don’t get it.
(Only children, are you beginning to realize the plus side of your situation yet?)
If the family is a blended family, complications abound. And of course, the estate is often larger because it may include some or all of the first spouse’s belongings as well as the second spouse’s.
So, how do we traverse such a minefield? Some ground rules are in order:
- No one removes anything from the estate without the other heirs’ consent. (It’s the executor’s job to enforce this rule.)
- Choose a date for going through the estate that works for every single heir.
- Stay calm if a fight breaks out.
- Have a mediator present if you expect trouble. A trusted and loved extended family member is often the best choice, but if that’s not an option, you can always hire someone. (Find a mediator in your state at www.mediate.com.)
- The presence of your parent’s attorney will be helpful if the estate is especially valuable, but expect him/her to charge the estate for the time this takes.
- As mentioned earlier, restrict the meeting to heirs only. (Naturally, heirs should consider the desires of their own families when they’re choosing items. They can even send photos and texts to gauge interest in specific objects.)
- Don’t allow sudden and immediate disposal of the estate. One relative may be content with keeping only their memories and urges everyone else to quickly pitch the estate, but doing so might leave others in shock and regret that they didn’t take the time to go through it. Everything must be done fairly, even though it will take more time. Besides, someone in a rush could end up getting rid of something very valuable. Convince them to hire an appraiser, which will buy time for the group to go through things.
Next up: How to Divide an Estate Fairly Between Heirs