What is Probate and a C.P.R.E.S?
The passing of a loved one is emotionally hard for those left behind, but settling the estate can be equally trying. Did you know that if there is an absence of a will (legally referred to as intestate), the court appoints an executor to the estate, and they need to seek court approval when managing assets? Probate is the legal process of transferring ownership of assets (houses, cars, cash, bonds) from the deceased to the appropriate parties. When navigating through probate, it's important to work through the process with a professional you trust. As a Certified Probate Real Estate Specialist (CPRES), I am qualified to advise you on settling matters pertaining to the real estate assets. I have passed the certification exam given by US Probate Services, can you can learn more about my qualifications by visiting www.USProbateServices.org. Most importantly, I work with many executors and administrators helping them with the sale of the real property of the estate. My network of investors and first time buyers can close your sale quickly, often within 30 days.
The executor of the estate plays a number of roles in the the probate process. The most important role is to fulfill their legal obligation to meet the wishes of the deceased and act in the interest of the deceased. This means they are to safeguard assets, petition the court for probate of the will, inventory the assets, procure appraisal of the assets, administer the estate, file the tax returns, settle claims, and distribute the probate estate. You can download a helpful chart from the link below to get a better understanding of the roles and responsibilities. Additionally, I've included a glossary of terms you will encounter as we work through settling the real estate together.
Executors Duties Flowchart