What is Probate Real Estate?
Have you ever wondered what happens to a property after its owner passes away? Probate real estate refers to properties that are part of an estate after the owner has passed away. These properties go through a legal process called probate, which involves the distribution of the deceased person's ass
Selling an Inherited Property: A Step-by-Step Guide
Selling an inherited property can be both an emotional and complex process. How do you navigate it efficiently while honoring the legacy left behind? 1. Probate: Understanding the Legal Process In most cases, inherited properties must go through probate—a legal procedure that ensures the deceased's
PROBATE AND TRUST
In this blog I aim to explain the differences between holding assets in a trust versus going through probate after death. The pros and cons of each option will also be discussed, as well as tips on what to consider when setting up a trust or probate. AN OVERVIEW OF TRUSTS AND PROBATES Probate is the
PROBATE AND PROP 19
PROP 19 AND PROBATE TIMELINE Proposition 19 mainly highlights the benefits for people aged 55 and above, victims of wildfire and natural disasters, and severely disabled people. But as millennials take over most of the housing market this year, it has already been predicted that this law would sev
HOW PROP 19 AFFECTS PROBATE
PROPOSITION 19 ON INTRA-FAMILY TRANSFERS As we all considering Prop 19 it’s good to note the pros and cons of the proposition. But as I delved deeper into the proposition, I found out that it dramatically affects inheritance. PROPOSITION 19 OVERVIEW First, let’s review what is included in prop
PROBATE 101: THE ULTIMATE PROBATE GUIDE
After a loved one passes away, the last thing you want to do is get involved in a complicated legal and financial process. Here I break down the important terms, timeline, cost, and laws that may affect you. Gavel on a table with lawyer and client discussing contract. THE BASICS: PEOPLE
A DEFINITIVE GUIDE TO SELLING YOUR HOUSE
Deciding to sell your house is a big undertaking that has one too many forms to fill. There is a lot you can do in the months leading up to listing your home that can drastically increase the sale price. This home seller’s guide will walk you through the steps you need to take to be successful.
YOU’VE INHERITED A HOME NOW WHAT?
Inheriting a home comes with a lot of responsibilities and decision-making by the heir(s). If you have a loved one that has passed on and you’ve inherited their home or are the executor of the estate, below is a guideline to help you through the process before you decide whether or not to sell or ke