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Probate First Step.

By November 17, 2021January 7th, 2022Real Estate

Probate First Step

Have you been declared the personal representative of an estate? Where do you start? Now that you know what probate is and what to expect during the process, let’s discuss first steps! Hi, my name is David Hitt with the Hitt Home team and I’ve been selling Real estate for over 25 years. We’ve dealt with quite a few homes with Probate over the years.

Your first step will be to go to Family & Probate Court in the county where the deceased person lived. This is where you’ll file the will, along with a copy of the death certificate and a Petition to be formally appointed as the Personal Representative.

Once you’ve done this, you will receive “Letters” when your request is approved.These “letters”’ are proof of your legal authority to collect and manage the estate’s assets. Keep in mind that it can take up to several weeks or more for you to receive your Letters.

Your responsibility as Personal Representative is to collect, inventory and protect the assets of the estate and pay valid debts and taxes. After debts and taxes have been paid, you will distribute the remaining property as the will directs.

You will need to have a strong team of professionals available to help you through this process. A good probate attorney, tax professional and, if the estate includes real estate, a strong realtor can help to make the process much easier for you as the personal representative. Also, be sure to seek the advice of a lawyer or an attorney as I am not one but just giving helpful information.