1. Probate & Legal Fees
Tip: If the property is held in a living trust, probate might be avoided - check title early.
2. Deferred-Maintenance Catch-Up
Roofing, HVAC, and termite clearances can run $5K-$15K. A pre-listing inspection lets heirs budget - not panic.
3. City/HOA Compliance & Retrofits
Smoke detectors, carbon-monoxide alarms, low-flow plumbing, permits - build these into timelines.
4. Vacant-Home Insurance Premiums
Standard policies often lapse after 30-60 days of vacancy. Ask your carrier for a temporary "vacancy endorsement."
5. Property-Tax Reassessment
Unless a child qualifies for certain transfers, the county may reassess at current value the moment title changes.
6. Capital-Gains Surprises
Step-up in basis helps - but if heirs delay the sale and prices rise, unplanned gains can appear. Have home appraised at time of inheritance.
7. Out-of-State Heir Logistics
Travel, storage, hotel stays, and time off work add up fast. A local project manager (hi, that’s me!) can shrink those costs dramatically.
