Because probate records are public court filings, anyone can obtain a copy of it. With modern technology comes the ability to locate such information, and in most cases for free. If you are interested in gaining access to a deceased person’s will, or a summary of their estate, then you may be surprised to find
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Wills and estate plans are the last things anyone wants to think about after a death in the family. Still, when a loved one dies, the process for distributing their belongings becomes an important step towards final closure, both in the personal and legal sense. All states require that a probate court oversees the distribution
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The probate process can be a lengthy and expensive affair for certain estates, especially after they have reached a specific scope and level of complexity. But it is not always necessary, and there are ways to shorten and even avoid probate. Careful estate planning tools can serve as an alternative option to California probate and
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Probate is an important part of the estate planning process, as it usually sets the timeframe from your death to the total dissolution and distribution of your estate. However, contrary to popular belief, probate does not always last forever. The probate proceedings process can be truncated, sped through, or even skipped depending on the circumstances,
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Death can come suddenly and unexpectedly, and it is rare to be prepared for it. As a matter of fact, nearly half of all Americans over the age of 55 do not have a will, and only 18 percent of Americans above age 55 have an established estate plan (with more than just a will).
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The thing to remember about probate is that, in a best-case scenario, it is boring. And that is a good thing. The probate estate process is not overly complex in most cases, and it does not need to be. If you are in charge of overseeing the probate estate process, it helps to have a
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For many families, probate is not ideal. It’s hard enough dealing with a loved one’s loss, but to then be inundated with a long and arduous legal process to eventually see their property be rightfully distributed can be frustrating, difficult, and expensive. While the California probate process isn’t as bad as it may be in
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Buying a property in probate can help you get a great deal that you wouldn’t find on the regular market. However, to take advantage of this opportunity, you must be prepared to wait, wait some more, and be prepared for the unexpected at any moment. There are several ways in which the process of buying
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When real estate is part of a decedent’s assets, heirs and beneficiaries often choose to sell the home and split the proceeds. However, realtors involved in the buying or selling of homes in probate should know the potential risks involved with property in probate. 1. Negotiations Include More Parties Negotiating the price of a probate
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In most cases, the home is the greatest and most valuable single asset of any given estate. While some can afford to own multiple homes or perhaps even possess assets with greater value than the average home, most families prize their family house as the financial crown jewel of the house’s owner – and as
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