Do You Need a Tax ID Number When Selling Probate or Trust Real Estate? If you are an executor, administrator, or trustee selling real estate as part of a probate or trust administration, the short answer is yes. In most…
Getting a probate property or home in a trust ready to sell involves more than cleaning. Before the first showing, we recommend completing these five steps to protect the estate and increase the odds of a successful sale: Secure…
The sale of real property during probate can be a daunting task for the personal representative. Probate real estate sales require a level of expertise that extends beyond traditional transactions, and that's where a Certified Probate Real Estate Advisor (CPREA)…
You have been asked to be the personal representative. As the personal representative you have been appointed by provisions expressed in your loved one’s Will, or thorough the Probate Court. You may consider this position an honor but it can…
Once a home is under contract, inspections begin. The buyer typically starts with a general home inspection that costs around $600, and depending on the findings, may be advised to bring in specialists such as plumbers, electricians, or roofers. This…
When settling an estate, sending things cross-country after death can be challenging. There are a number of ways that these items can be safely transported after someone has passed away. Determining what needs to be shipped is the first step;…
Just a quick story to remind you how we can best help… Susan and Bill received the sad news that their brother Charles had passed away. The siblings live in Kansas, and as co-administrators of the estate, they were wondering…
The simple answer is “yes”, a tax identification number or EIN (employer identification number) is necessary when acting as an Inland Empire & High Desert executor, administrator or trustee. How is a Tax Identification Number different than a Social Security…
In the past few months I’ve spoken with several Executors and administrators who are responsible for a property in probate and they were confused about whether the best decision is to sell the estate home directly to a cash investor…
When dealing with probate, it can be difficult to decipher myth from fact. As an executor or administrator this may be your first time dealing with the probate process, which means that you may be completely unfamiliar with what information…