The Probate Process
We Can Help You with the Confusion over Probate and Settling Estates
If you feel confused and overwhelmed by the entire probate process you are certainly not alone.
If you are an Executor or Administrator (also often called a Personal Representative) who is faced with the prospect of settling property, this can be a very difficult task.
While you are in the midst of an emotional time for everyone involved, you suddenly get a lot of work to do that is necessary to settle the estate. Most likely, this will include the sale of any property on the estate. Preparing a property for sale can be a big job in itself.
What is a Probate Estate
A probate estate is all the assets a person owns at his or her death that are subject to probate administration.
Probate administration is the process of proving to a probate court that the will is genuine.
Understanding the Probate Process
We would like to help you understand how the probate process works in it’s simplest form.
These are the basic steps for setting an estate:
- A person passes away
- There is a petition for probate
- Then it is decided who will be in charge of settling the estate. One of two things will happen:
- If there is a will – the person named in the will is the Executor of the estate (“Testate”).
- If there is no will – the court will appoint someone to act as the Administrator of the estate (“Intestate”). Typically this person is a family member.
- The assets are sold to pay the creditors
- Once the creditors are paid, the heirs receive their inheritance
- The estate is closed
Will I Need a Probate Attorney?
In most cases, you will need a probate attorney for some if not all of the work involved with settling an estate depending on the complexity of the estate. There are many variables in individual estates.
Work with the Experts
While every situation is unique, most of the procedures and challenges will be something that we have run into before. As probate experts, we are certain we can help you navigate this process.
This is a difficult time for most people. They have a long list of things they need to do to settle the estate. On top of that, they often have a property to sell that is outdated or needs a lot of expensive repairs. As the Executor or Administrator of this estate that is in probate, you may not be in position to make the repairs needed to list this property. Perhaps you just don’t have the time or the money to invest. You just want to sell this probate property “as is” and be done.
This is our area of expertise. We buy property in estates “as is”, pay all cash and offer a hassle free closing so you can move on with your life.
What if you just can’t face cleaning out the house?
The houses on the estates very often reflect the last years of this person’s life. Many people are “keepers,” and they like to keep everything, in other words, they have not thrown away anything over decades.
Family members end up spending months searching for something valuable, especially sentimental value things or important paperwork that they might need. Executors and family members often get on the stage where they simply close the door and walk away. The completion of this work is simply what they cannot do. What happens then, the property just sits there for months and months. This is usually the only thing that delays the process of real estate settlement.
You don’t have to do it, we can do it for you.
Cleaning out the house is something that we will do for you. You can take everything you want, and we will take care of the rest of it.
Not sure exactly what you need to do next?
No need to worry. Once we have reached an agreement to buy your property, a member of our team will determine what still needs to be done to sell the property. Together we will get everything finished so you can move forward.
- Does the house need repairs and updating? You can just walk away and we will take care of everything.
- If that involves removing the rest of the belongings from the house we will do that.
- Is there furniture or old cars that can be donated? We will take care of it.
- Are you unsure what paperwork still needs to be completed to close out the estate? A member of our team will help get the answer for you.
Contact us today. We specialize in Probate and Estates.
Are you still not convinced that this solution is right for you? That’s OK. Give us a call today at 804-374-9941 or just fill out the short form below to see how we can help you get your property sold. Tell us about your situation and we will find a solution for you.
We Buy Houses.. We Solve Problems
(804) 374-9941