The Greatest Gift you could Give

It can be said that real estate is a series of “beginnings" and “ends".


We guide our clients through exciting home purchases and home sales, new adventures, growing families, weddings and so many momentous occasions. It is a joy to celebrate in the wins, the successes, and the beautiful moments of which we get to partake. Because our client’s joyful beginning is also our happiness.


But, today we want to talk about the ends, because we as a society don’t talk about the ends enough.


We work with a lot of clients dealing with loss and trying to navigate the selling of a family home while also having the space to grieve.


Last year we helped 19 sellers navigate a home sale while saying goodbye. And, this week alone has been a doozy, with two sellers in the throes of loss. These moments weigh on our hearts, because our client’s grief is also ours.


We want to give you insight into the two most important things that we have learned over the years, and implore you to take action on behalf of your loved ones.


1. Talk to your loved ones about what you want if something were to happen. Ask them what they want. Be thoughtful and detailed and put it to paper.


2. Put your home in a trust! Without a trust in place, real estate is thrown into a very costly and time-consuming process called probate. The ONLY way to avoid probate is if you home is held in a trust. While a will is a tool for conveying your wishes and deal with other assets, a will does not keep your property out of probate in the State of California. Allowing your loved ones the legal ability to sell your home by establishing a trust not only avoids probate expenses, but can free up equity in order to pay unexpected medical expenses if the situation were to arise.


The unfortunate truth of life is that death is inevitable. The best gift you can give to the people you love is a chance to grieve without the stress and potential guilt of managing an estate.

If you would like to learn more or need a referral to resources for estate planning, please don’t hesitate to reach out. We would be more than happy to help.


In good health,

MAJ

MAJ Realtors

Let's talk! hello@majrealtors.com

Red Oak Realty7502 Fairmount Ave, El Cerrito, CA 94530

© MAJ Realtors 2019