Archive for October 21st, 2013
Making It Through Probate

Trust loan

Probating an estate refers to the process that proves that the will of the deceased person is both legal and valid. While it sounds especially technical, it allows the executor to transfer the assets and property to the beneficiaries, through the established legal process.

Probate real estate
refers to the buildings and property that must be accounted for in the transfer of assets. Generally, there are financial implications to any beneficiary upon receiving probate real estate. This can occur through the sale of inherited real estate, receiving inheritance advance loans or resolving any related trust loans. As with any real estate transacti

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