What to Expect When a Loved One Passes Away

Written by Marty on . Posted in Deceased owner, Probate, Trust lender

Selling real estate in probate

The death of a loved one can be a stressful time in life. Did you know that a probate court grants probate to the executor only after determining the legal validity of the last will and testament? Probating an estate can be a long and tedious process, especially when a will does not exist. There are laws in place, however, that work towards distributing inheritances to beneficiaries, such as fiduciary mortgages, even if there is no will. By doing so, the real estate of a loved one can be inherited without as many complications.

Property, titles, debts, rights, and obligations are all inheritances that are passed on to beneficiaries after the death of an individual. However, a probate loan is sometimes nee