Managing Assets in EstateCopilot

EstateCopilot helps you track all the assets, the property, money and personal possessions, that a person owned when they died.

They all need to be accounted for, as they form part of the estate and will need to be liquidated so that any debts can be paid and the remainder distributed to the beneficiaries.

When adding Assets, select the category, give the asset a name and description to help you identify it, and give it a value. This value can be updated later if you get an updated valuation (e.g. updated valuation from estate agents for a property).

EstateCopilot tracks jointly owned assets too, which pass to the surviving owners. Assets owned as Joint Tenants are handled differently from Tenants in Common, so it's important to know the ownership type by checking paperwork related to the asset.

Once added, documents can be linked to the asset by clicking the edit button, or uploading documents to the document vault directly.