What To Do When You Inherit A Home Thats Full Of Stuff

What should you do when your parents pass away and leave you their home?What about all their stuff?Sure you may want the childhood painting from your father, or the pearl necklace that’s been passed down generations. But what about all the other stuff?Devere Wilkey’s family has been in the antiques and estate business for 2 generations now, with her parents running one of the largest antique shops in Utah County, Confetti Antiques & Books. Combine that knowledge and skill with her Realtor experience around older and well loved and lived in homes, and you have a powerful hub for knowledge around antiques, estate sales, and respectfully managing your parents belongings after they pass.From emotional family dynamics to hidden value sitting in closets, this episode covers what to do, what NOT to do, and how people accidentally lose thousands by handling estates the wrong way.Devere and I (Jacob Johnson, FinancialGinger), sit down and talk about:- What ACTUALLY happens first after someone passes in an estate- Executor of Estate responsibilities after someone passes- Valuing House as well as the contents- How estate sale companies operate and why using an estate sale company can net you thousands of extra dollars and why it’s easier than DIY solutions- Dealing with emotional family dynamics around grief & money during the estate sale process- Big mistakes made: throwing things away, donating highly sellable and valuable items, and underestimating the value on vintage/antique items (ESPECIALLY CLOTHES!)- What NOT to do, before talking with an estate sale company- Real Estate strategies around estates (inheritance deadlines, debts, sell as-is or renovate?)- How Realtors can help determine what is worth repairing and what isn’t before selling an inherited home- And so much more!If you have aging parents and may have to deal with a family estate soon, this episode will save you stress, and family conflict.Devere Wilkey, REALTOR® Better Homes and Gardens Real Estate Momentum 385-447-3480Instagram @WilkeyHomes Pinstripe Estate Services – Any Estate Big or Small https://share.google/xYJKcUy0rL8VZYjUqConfetti Antiques & Bookshttps://confettiantiques.com/Drop a comment:What’s one item you’d fight to keep from your grandparents’ house? 👇🌐 bio.site/FinancialGingerFB: https://www.facebook.com/FinancialGingerInsta: https://www.instagram.com/financialginger/Subscribe for more real-world financial conversations, estate strategies, and no-BS advice. 🎤🎤🎤 Episode #43: FinancialGinger