Probate and Estates – The 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 the Executor or Administrator (also often referred to as the Personal Representative) that is faced with the prospect of settling the estate this can be a very daunting task.
While you in the midst of dealing with what is a very emotional time for everyone involved, you suddenly have the enormous job of doing what is necessary to settle the estate. Most likely this will include selling any property in the estate. Just getting the property ready to sell can be a big job in itself.
Breaking Down the Probate Process
This process can seem pretty daunting for most people.
They aren’t familiar with a lot of the terms used, the timelines are unclear, and they just find the whole process confusing at a time when they are overwhelmed and emotions are raw. What often happens is that they do nothing; it’s just too overwhelming to move forward.
I would like to help you understand how the probate process works in it’s simplest form.
- Someone passes away
- There is a petition for probate
- 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). This person is typically 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
These are the 6 basic steps for setting an estate.
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.
One of the advantages of working with our company is that we an help you navigate this entire process. Our closing companies know all of the ins and outs of probate. They are real estate experts and we work with them on all of our closings.
Work With the Experts
We have been helping folks involved with probate properties and those folks settling estates for many years. While every situation is unique, most of the procedures and challenges will be something that we have run into before. I’m 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.
You’re In Luck…
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?
It’s pretty common for houses that are in estates to reflect those last years of that person’s life. A lot of folks are “keepers”. They keep everything. Or to put it another way, they haven’t thrown anything away in decades.
Family members end up spending months looking for anything of value especially things of sentimental value or important paperwork they might need. Executors and family members often get to a stage where they just close the door and walk away. Finishing this job is just something they can’t do. What happens then is the property just sits there for months and months. This is typically the one thing holding up the process of getting the estate settled.
You Don’t Have To Do It! We Will Do It For You.
Cleaning out the house is something that we will do for you. That’s right; as part of our offer we will finish the job 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.
- If that involves removing the rest of the belonging s from the house we will do that.
- Is there furniture or old cars that can be donated? We will take care of it.
- Does the house need repairs and updating? You can just walk away and we will take care of everything.
- Are you unsure what paperwork still needs to be completed to close out the estate? A member of our team will 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 303-395-0056 to see how we can help you get this unwanted property sold. Tell us what your situation is, and we will find a solution.
You can also leave your information here on this site in the contact form if that works better for you.