Legal Question in Wills and Trusts in California
Hi;
I am the executor of an estate. All parties have been notified of the death. I am trying to sell off the house which has personal property belonging to a 3rd party still in the house. How long do I have to house or protect this personal property belonging to the 3rd party before I can liquidate it? It has been over 6 months now.
2 Answers from Attorneys
The easiest answer is to ship it to the person to whom it belongs. If they're unreachable, you can treat it as abandoned property. The rules are a bit voluminous, but start here at the California Department of Consumer Affairs website:
http://www.dca.ca.gov/publications/legal_guides/lt-5.shtml
Make sure you send written notice to the owner as well. If they changed their address with the Post Office, it should be forwarded to them.
If you would like to discuss this matter further in a more private forum, please feel free to contact me directly at the email address provided by LawGuru or through our firm�s website located at PasadenaEstatePlanning.com
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