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Reply to "What’s the process of inheriting money?"
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[quote=Anonymous]Make sure to make a good list of personal property, the values of all the items, and how all the items are distributed or disposed of. I have a neighbor who was executor for her parent’s estate. She got overwhelmed and apparently did not keep track of all the possessions from her parent’s house. She says she just gave everything away to various people and even just threw away many of the possessions, but her siblings are now asking questions about where is this and where is that and she can’t answer. You don’t want to get in a situation where you can’t answer questions about the values and distribution of the possessions of your parents, so make sure to keep a good inventory that lists everything of value. [/quote]
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