Medlin & Medlin, PA
Attorney at Law
(704) 786-8173
Concord, NC 

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HOW DO YOU HANDLE THE VARIOUS TYPES OF ASSETS

So, you have been named executor or administrator for a decedent’s

estate.

This video is about how to handle different types of assets in a decedent’s estate.

This question goes beyond merely buying insurance on physical assets.

You are stepping into another person’s shoes to operate and wind up their business affairs.

Often it is necessary to store valuable assets in a secure facility, cancel credit cards, terminate utility services or consider disposing of assets which may create liabilities, are seriously dangerous or are perhaps depreciating in value by being out in the elements.

Often you must invest assets and funds during the period of administration, always being certain to have enough cash to pay bills.

You must cancel credit cards, magazines, newspapers, club memberships and unnecessary insurance.

You will have to contact utility companies, terminate service contracts, request refunds or deposits.

In other words, you have to become the manager of someone else’s affairs.

There are heirs watching to be sure that all the deceased assets are handled properly.

Estate settlement laws are unknown to most people.

If you mishandle any of the assets, you are personally liable for economic losses.

In nearly 40 years of law practice, I have settled hundreds of decedent’s estates and handled every type of asset imaginable.

My job is to take care of my clients.

I will handle the assets in the proper legal manner.

You just drop by and sign the paper work.

Please watch my other videos on estate settlement.

Call me.