Hoarding affects an estimated 1.4% of the United States population. Estate planning with a hoarding situation is no ordinary undertaking – there is no limit to the potential wealth buried in the depths of the home. Working with an estate planning attorney who is well versed in hoarding cases can make estate planning that much easier and you may discover some important items along the way.
In 2010, hoarding was brought into the mainstream with the premier of the show Hoarders: Buried Alive. For the majority, this foreign world comes and goes with the start/end of the tv show. For approximately 1.4% of American Households, this tv show is a reality. Hoarding, a very serious psychological condition associated with obsessive-compulsive disorder (OCD), is often swept under the rug and kept a secret that doesn’t surface until after the affected person passes away. When a family member or loved one is affected, understanding the disorder and its nuances is critical to creating a viable estate plan.