In 2020, the US averaged about 850 deaths per 100,000 people with the average age 78.6 years. This consequently represents a lot of work for law firms and estate attorneys. Our goal at Palisades Brokerage is to make the process as easy as possible for attorneys like you especially as it relates to the disposition of what is most often the largest asset in the estate, the home. The DC area has a healthy stock of older homes which oftentimes are functionally obsolete. The key for the estate is determining the real market value and there is no team better equipped to do so than us. We run our clients through each possible scenario to see which one makes the most sense from both a yield perspective as well as a timing one.
Of course another important part of the estate process is the disposition of the personal belongings the decedents have left behind. We have worked with a handful of select companies we would strongly recommend. It is an understatement to say the least that these individuals greatly alleviate the stress on the heirs and consequently on you the estate attorney. In addition, other services we provide or assist in are as follows;
· Assessment of personal property
· Preparation of property for sale including repairs and deferred maintenance
· Managing contractors
· Cursory chain of title search
· Identification of right of ways, encumbrances and easements that will impact value
· Yield analysis
· Coordination with utility companies
· Coordination with adjacent neighbors
· Vetting the property with existing clients (owner occupants and developers)