The inherited property checklist.
A calm, ordered list for sorting out an inherited Las Vegas home, step by step.
Inherited Property
An inherited home comes with grief, paperwork, and high-stakes decisions all at once. This checklist breaks the situation into small, ordered steps so you can move forward without being overwhelmed.
For the fuller discussion of keeping, renting, or selling, see the selling an inherited home guide, and for the legal side, the probate real estate guide.
The steps
One step at a time
Step 01
Confirm what you own
Locate the deed, the will or trust, and any probate documents first. Ownership is the foundation of every later decision.
Step 02
Understand the tax picture
Ask a professional about basis and tax implications for your situation before making plans around numbers.
Step 03
Tackle the essentials
Secure the property, keep insurance and utilities in order, and address urgent safety or weather issues.
Step 04
Get a real value
Commission a current market evaluation so every option is weighed against a realistic number.
Step 05
Weigh keep, rent, or sell
Consider proceeds, carrying costs, family goals, and your own capacity to manage the property.
Step 06
Involve the right professionals
A probate or estate attorney, an accountant, and a real estate agent each handle one part of the process well.
Multiple heirs
When the decision is a family one
One home, several opinions, and one set of documents. A neutral walk through options, costs, and timelines helps the family evaluate together instead of guess together.
Probate guidanceA sounding board
Talk it through, no pressure.
I can walk the family through the keep, rent, or sell question with the actual numbers for the property, in a conversation that moves at your pace.