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5 THINGS THAT SET US APART
5 THINGS THAT SET US APART
During probate, a court oversees the process of paying off any outstanding debts, taxes, and other liabilities of the deceased person’s estate. After all debts have been paid, the remaining assets are distributed to the beneficiaries according to the instructions in the will or state law. Real estate is often a major asset involved in probate, and the process of selling a probate property can be complex and involve various legal requirements.
Probate is a legal process that occurs after a person passes away. It involves validating the deceased person’s will, or if there is no will, distributing their assets and liabilities according to state law.
During probate, a court oversees the process of paying off any outstanding debts, taxes, and other liabilities of the deceased person’s estate. After all debts have been paid, the remaining assets are distributed to the beneficiaries according to the instructions in the will or state law. Real estate is often a major asset involved in probate, and the process of selling a probate property can be complex and involve various legal requirements.
During probate, a court will oversee the distribution of the deceased person’s assets and liabilities, including any real estate they may have owned. If the deceased person owned property that needs to be sold, the property will typically be sold through the probate process. This process can be complex and involves a number of legal and logistical challenges, which is why it is important to work with a real estate agent who specializes in probate sales. An experienced probate agent can guide you through the process, ensure that all legal requirements are met, and help you achieve the best possible outcome for your real estate sale.
A probate sale refers to the process of selling a property that is part of an estate in probate. When someone passes away and leaves a property behind, the property becomes part of their estate and is subject to the probate process. If the property needs to be sold, it must be done through the probate court.
The real estate agent plays an important role in the probate sale process.
Below are some of the key responsibilities of a real estate agent in a probate sale.
The personal representative’s duties include identifying and taking control of the deceased’s assets, paying any outstanding debts and taxes, and distributing the remaining assets to the beneficiaries named in the will or as determined by law.
The personal representative is also responsible for handling any legal proceedings related to the estate, including filing necessary paperwork with the court and representing the estate in any legal disputes.
The specific method used to partition the property will depend on the circumstances of the case and the preferences of the parties involved. Partition can be a complex legal process that involves multiple parties, so it’s important to consult with a qualified attorney who has experience with probate matters. An attorney can help you understand your options for partitioning property, guide you through the process, and help ensure that your interests are protected.
A personal representative, also known as an executor or administrator, is a person or institution appointed by the court to manage the estate of someone who has passed away. The personal representative is responsible for carrying out the instructions in the deceased’s will (if there is one) or following state laws if there is no will.
The personal representative’s duties include identifying and taking control of the deceased’s assets, paying any outstanding debts and taxes, and distributing the remaining assets to the beneficiaries named in the will or as determined by law.
The personal representative is also responsible for handling any legal proceedings related to the estate, including filing necessary paperwork with the court and representing the estate in any legal disputes.
A partition in probate matters refers to the division or distribution of real property among co-owners, heirs, or beneficiaries in a probate case. When multiple individuals inherit real property from a deceased person, they may not always agree on how to use or manage the property. In such cases, a partition may be necessary to resolve the issue.A partition can be done in several ways, including a physical division of the property, sale of the property with the proceeds distributed among the co-owners or heirs, or one party buying out the other parties’ interest in the property.
The specific method used to partition the property will depend on the circumstances of the case and the preferences of the parties involved.Partition can be a complex legal process that involves multiple parties, so it’s important to consult with a qualified attorney who has experience with probate matters. An attorney can help you understand your options for partitioning property, guide you through the process, and help ensure that your interests are protected.
From day one working with Nordis, I knew she was the right agent. You can easily see she’s a serious Real Estate professional 4 minutes into your first conversation with her. She is thorough, caring and knows her business well. Thank you Nordis for acting as my selling Agent and being on top of everything from the beginning! Nordis is the BEST South Florida has to offer insofar as Selling or Buying a home
I had the pleasure of working with Nordis as my real estate agent while serving as the personal representative of an estate. From the beginning, Nordis demonstrated a deep understanding of the complexities involved in handling probate real estate transactions. She was always available to answer any questions and provide guidance, making the process as smooth as possible. Her expertise in marketing and negotiating resulted in a successful and timely sale of the estate property, and I am truly grateful for her commitment and dedication to her clients. I cannot recommend Nordis enough. Her professionalism, expertise, and commitment to her clients make them a true asset in the real estate industry. If you are in need of a real estate agent who will provide exceptional service and achieve outstanding results, look no further than Nordis.
Nordis and her team have amazing expertise: they were spot-on about how to market our estate property, when we could expect offers and what the sale price would be. So right! They communicated with us frequently and responded to questions within hours. We had some difficulties with the condo management for the property, but Nordis and her team found solutions and stayed with it. They really went beyond expectations in being helpful and resourceful. We are very thankful to have had their services. Five stars because Google doesn’t allow six stars!