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Experts: How to smartly settle an estate

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After losing a loved one, family members are often left with the task to settle an estate.

Matt McNeil, with, says once the funeral is over, family members need to find out the legal status of the estate.

He also suggests immediately establishing control of the estate through a trustee or administrator.

If you need help fairly dividing valuables, call an appraiser.

When families don't want or need the items that are left behind, McNeil suggests looking at liquidation options.

He also says you need to thoroughly check companies before hiring anyone.

He also says you should not rush to list the real estate.

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