How to Reach the Massive Market of Probate, Trust & Aging Real Estate Sellers.We teach real estate brokers and agents how to FIND, LIST and SELL property in probate.
The word “probate” is from the Latin “to prove.” Probate in New York is the legal process of proving the validity of an individual’s Last Will & Testament in Surrogates Court. When a person dies, all property (other than jointly-titled property, property passing by beneficiary designati...
Probate can be avoided, or at least hurried along, with careful estate planning. Certain assets don’t need to go through probate court, including:3 Jointly-owned assets: If two or more individuals share ownership of property, when one co-owner passes away, the remaining co-owner(s) gains...
The key to wholesaling lies inassigning contracts for profit. When you find a property that’s deeply discounted, you sign a contract with the seller agreeing to purchase the property. Instead of closing on the property yourself, you assign that contract to a buyer—usually an investor—who pa...
Give away any property that is left over after the estate sale. Once you have, make sure that none of the beneficiaries want the property, you are free to give it away or throw it away. Personal Property Everything the deceased owned falls into one of two categories during probate. It ...
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Probate is initiated by filing a petition with the court. If the estate is valued under $50,000 or consists solely of personal property (up to $100,000 in motor vehicles), Alaska allows for a simplified probate process known as “summary probate.” For larger estates or those including rea...
CHAPTER 10: Joint Tenancy Property The article focuses on the joint tenancy property. It discusses how to clear title to real property in joint tenancy, how to clear title to securities held... J Nissley - 《How to Probate An Estate in California》 被引量: 0发表: 2013年 加载更多来源...
How Probate Works Probate is the analysis and transfer administration ofestateassets previously owned by a deceased person. When a property owner dies, their assets are commonly reviewed by a probate court. This court provides the final ruling on the division and distribution of assets to beneficiar...
You can plan forasset protectionin several ways. The key is to create as many obstacles as possible for creditors before they can legally claim rights to your property. Here are several ways to protect your assets. Asset Protection Trusts Several states, including Alaska, Delaware, Hawaii, Michi...