topic | organize finances and pay bills

Step 4: pay bills for vehicles

If the estate includes vehicles, maintain insurance premiums and loan payments until the vehicles are transferred to a beneficiary. These payments must be kept current.

Personal Property, Insurance Policies, and Vehicles may contain helpful information.

Best Practices

To reduce expenses for the estate, transfer vehicles to the designated beneficiary as soon as possible. If there is no named beneficiary, prepare the vehicle for sale. Ensure that the vehicle is kept in a safe place until ownership is transferred. Keep detailed records for all transactions.



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