What is a Deceased Estate
When a person dies, the assets they previously owned become part of their deceased estate. A deceased estate is managed by the executor of the deceased person's will and is most often divided among immediate family members. For many, gaining assets, especially real estate or property from a deceased estate, can be a difficult and distressing process. After a family member or friend passes away, their personal belongings, household furnishings and even their waste must be sorted through and disposed of. This guide takes you through what a deceased estate entails and how to properly manage the assets you may have gained in the process. What is the estate of a deceased person? The estate of a deceased person is made up of anything that the passed away individual owned. This includes any real estate, money, vehicles, investments (such as shares and stocks) and