Complicated Estate Sale Assistance in Pasadena, CA
When there is an estate that is owned by multiple children, it can be quite difficult to come up with a mutually agreeable way to divide the estate. These problems often arise while family members are still grieving the passing of their loved one(s), which can heighten emotions.
Many of the problems in coming up with a sales agreement can be handled outside of the courtroom. Attorney Richard Jacinto has over 30 years of experience in helping families deal with their estates. Below are some tips and considerations that can make the process somewhat easier.
Preliminary Considerations
There are a few factors you should think about prior to negotiating the estate sales agreement:
Who Should Be Involved? — As a rule of thumb, it is important to only involve the immediate heirs in the division of the estate. Allowing spouses or children of immediate heirs to be involved may unnecessarily complicate matters. Although there is nothing preventing a child or spouse of an immediate heir from providing their input to the heir, when it comes to making decisions on the estate, only the heir should be involved.
Early Removal of Property — No items should be removed from the property before the official division process. That way, when a sales agreement is reached, everyone understands precisely what is included in the estate.
Negotiating the Sales Agreement
Once the parties and the contents of the estate are finalized, it is important to negotiate the sales agreement. This can be the most difficult part of the process, especially if there are lingering concerns by any member of the family. Richard Jacinto has worked many years with families who are still grieving yet must deal with legal matters.
One strategy in finalizing a sales agreement is to try to split up an estate equally among multiple children. The difficulty is that there are often sentimental attachments to property — and oftentimes certain family members will care more about particular items than others, which can make it more difficult to negotiate. Richard Jacinto approaches the writing of the sales agreement by first understanding what each family member cares most about.
For those assets that cannot easily be split, he can help family members divide those items by hearing everyone’s concerns and assisting clients in obtaining the items they desire. Other strategies may be appropriate, depending on your family’s situation. His approach is to work to resolve the dispute in an amicable fashion, making the entire process less stressful for you and everyone involved.
Get Estate Sale Assistance from Richard Jacinto in Pasadena
Attorney Richard Jacinto has negotiated many sales agreements for families dealing with the estate of a loved one. He has the experience to handle these delicate family situations with your interests in mind. Contact the Law Office of Richard S. Jacinto to schedule an appointment.
