We understand that there is a lot that goes into settling an estate. We make the process effortless in that we will be the Personal Representative's main point of contact as we will be scheduling vendors & coordinating the entire process to ensure a smooth sale.
The Probate Process
If you feel overwhelmed or confused by the process of dealing with the sale of inherited property, you are certainly not alone. As the Personal Representative or Trustee for your loved one's estate, you have the duty of doing what is necessary to settle the estate, just as you are going through a very emotional time for yourself and everyone else involved. You may be in charge of selling any property within the estate... and then, there is the often huge undertaking of getting the property ready to sell.
For most people, the probate process can seem awfully intimidating. Everything from terms used to the timelines is unfamiliar. Emotions are raw and sometimes just getting through the day is difficult enough without adding the confusion of legalities. Oftentimes, people get so overwhelmed they feel they can't move forward, and they do nothing. A guiding hand can help a great deal.
The probate and estate settling process, in it’s simplest form, involves these six 6 basic steps:
1. Someone passes away.
2. There is a petition for probate.
3. It is decided who will be in charge of settling the estate. One of two things will happen –
(1) If there is a will, the person named in the will is the Trustee of the estate.
(2) If there is no will, the court will appoint someone to act as the Personal Representative of the estate, typically a family member.
4. The assets are sold to pay the creditors.
5. Once the creditors are paid, the heirs receive their inheritance.
6. The estate is closed.
Will I Need a Probate Attorney?
There are many variables in individual estates. 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. One of the advantages of working with Team Culver is that we can help you navigate this entire process.
Work With a Realtor Who Specializes
As Certified Probate/Estate Property Specialists, we can help you navigate this process.
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. Sometimes, family members get worn out. 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. Team Culver can provide solutions. We have built a database of vendors with services that can help you being handling everything from clean out and clean up. You can take everything you want, and they will take care of the rest of it.
Not Sure Exactly What You Need to Do Next?
Contact Us Today. We specialize in probate and estates. Give us a call today at 616.446.4173 to schedule a free, no-obligation appointment. Let's talk about your situation and we will help you find a solution.