5 Smart Strategies To Settle An Estate

When a parent passes away, it's usually left to their offspring to manage and disperse the remaining estate.

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In the wake of such a loss, emotions can run high, and the sheer amount of paperwork can quickly become overwhelming.

If you're in the throes of settling an estate, whether by yourself or with the assistance of your siblings, consider these tips to help chart a smoother course.

1. Get organized.

Keep a seemingly endless to-do list manageable by writing everything down. Create a system for prioritizing each task and if there are others who are willing to help, delegate what you can. Establish categories such as bills to pay and other outstanding debts, accounts to close, agencies and organizations that need to be notified of the death and so on.

2. Know your limits.