If you prefer to read, the video transcription is below:
In today’s video, we’re going to cover an interesting way to find assets that belonged to a loved one who passed away.
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If you’ve ever applied for a mortgage, whether for commercial property or for residential property, you know that you have to give a very lengthy and exhaustive list of all of the assets that you own so the bank knows to whom they are lending money.
I bring this up because if you’re the executor of a probate estate, meaning you’re handling the financial and legal affairs of someone who has passed away, you might want to find out if the person who passed away recently (within the last few years), granted a mortgage.
If they did, go to the lending institution and get a copy of the application that the person submitted.
Because with that you’ll be able to see all the assets that the person listed, and then you can go after those assets, and then you can increase the inheritance that you, if you’re one of the heirs, as well any other heirs may receive.
Head over to inheritmore.com for more content on inheritance and asset recovery.