Inherited Property? Or in the midst of Probate?
First we would like to extend our condolences. Losing a loved one is never easy. Our thoughts and prayers are with you during this difficult time of grieving and transition. It’s hard enough to grieve your loved one. And even harder to deal with an inherited property. Especially if you weren’t financially prepared for it.
What is probate?
Probate is the court-supervised process of authenticating a last will and testament if the deceased made one. It includes locating and determining the value of the person’s assets, paying their final bills and taxes, and distributing the remainder of the estate to their rightful beneficiaries. It usually takes up to a year for this process to finish. Each state has specific laws in place to determine what’s required to probate an estate. These laws are included in the estate’s “probate codes,” as well as laws for “intestate succession,” when someone dies without a will. In cases where there is no will, probate is still required to pay the decedent’s final bills and distribute their estate. The steps involved are generally very similar, regardless of whether a will exists—even though laws governing probate can vary by state.
B&M Homes Can Buy Your Inherited Property
We would love the opportunity to help you through this complicated process. We’ve worked with many people going through the probate process. We can help you when speaking with attorneys and going through all the legal documents. If you’re having issues with probate court or paying the mortgage on your inherited property, and need to avoid foreclosure on an additional property, do not hesitate to reach out!
Click on the video below to learn how The Charleston House Guy can help you solve your problem with your inherited property!
Ready to chat with us?
Fill out your info below or call us at (843)548-5510!