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Estate manager assignment: Household inventory

If you've watched the news recently, you may think that no area is safe from natural disasters. East Coast hurricanes, West Coast wildfires and tornadoes ripping through the Central Plains seem to be regular occurrences. The unpredictable nature of these events leave many people unprepared. While you cannot stop Mother Nature from causing damage, you can piece a life and household back together with proper planning. The first step in this process is taking an inventory of all household items. 

Estate managers are usually responsible for a household's asset management, so it is important that you know what your employer owns and the value of each item. You can do this by making a handwritten list, taking photographs and adding notes, or walking through the entire house with a video camera and describing items as you record. There are also many software programs and mobile applications designed for home inventory including Know Your Stuff, a popular resource created by the Insurance Information Institute (III).

The III recommends that you divide household items into the following categories to simplify your work:

  • Bathrooms
  • Bedrooms
  • Clothing
  • Dining room
  • Garage/basement
  • General appliances
  • General household
  • Home office
  • Kitchen
  • Living room
  • Outdoor space.

Your employer may not remember the price paid for each item, so you may need to hire an appraiser. For all new purchases, keep a receipt. You may also need to research their homeowners insurance policy to confirm that it covers high-priced items like jewelry and fine art. 

If you are an experienced professional looking for estate management positions in California, contact Colonial Domestic Agency today. Our counselors can assist you with your search for a new position.