Probate is the legal process through which a deceased person's estate is properly distributed to heirs and designated beneficiaries. If there is any debt owe, the creditors are also paid off. In general, probate property is distributed according to the decedent's last will and testament. However, if there is none, it is done according to state law. It is importatnt to hire a probate attorney to represent you throughout this process. Should you need help, contact us right away.
While inheriting a house is a generous gift from a loved one, it can also start a process that can be fraught with emotion. Most likely, you are receiving this property as a result of a loved one’s death. However, the financial decisions that come with inheriting property can be stressful and confusing. The best way to move forward is knowing your options, assessing the financial consequences of your choice, and seeking expert assistance in navigating the tax and legal requirements. This is where a probate attorney can help and look out ofr your best interest. They can keep you informed and educate you into making the best decision for your life.