Real Estate and Probate
One of the hardest times in anyone’s life is the death of a family member.
Personally, I have seen what it does to a family. The good and the bad. I have had to go through many hardships within my own family as a Real Estate agent. You learn lessons and grow stronger as a person. You learn how crazy it i to maneuver through the Court system to get simple things done.
It amazes me when working with families that need to sell a parent’s home, or a sibling’s home, how so many are unprepared for this inevitable event. Real Estate and probate create a series of legal actions that must be taken to probate a will. If a will is not present, then the Probate Court follows rules set up within the State the deceased lived in to complete the probate action.
The above excerpt from Wikipedia is to highlight the general process of probate. The process of probate and real estate goes back to England and Wales.
The English noun “probate” derives directly from the Latin verb probare, to try, test, prove, examine, more specifically from the verb’s past participle nominative neuter probatum, “having been proved”.
The earliest usage of the English word was in 1463, defined as “the official proving of a will”. The term “probative,” used in the law of evidence, comes from the same Latin root but has a different English usage.
It is important to understand that the process of Real Estate and Probate is inevitable. The Government wants to collect more taxes upon death, and the Legal System wants to make sure that all parties are given their just “day in court”.
This goes for the people that are owed monies as well as the benefactors of the will. So here are my 7 Tips On Real Estate and Probate.
Those are just a few of the important points when thinking about preparing a will that includes Real Estate. Real Estate and probate go hand in hand upon the passing of a loved one. There can be NO transfer of title until a Judge makes a decision, with or without an Executor named.
The time is now to form a team of professionals that you can rely on. I can work with your Probate Attorney, or I can give you a list of the top notch ones I have worked with in McAllen.
Going through probate can take a few months, or a few years, depending on the will and if there are any person(s) contesting the will. You want an Agent who has the experience and understands the complexities of Real Estate and Probate.