HI, I'M COLETTE! LAS VEGAS REALTOR
Las Vegas Probate Expert
DEATH IN THE FAMILY?
What Is Probate Real Estate?
Probate real estate is a court-monitored process of proving the validity of a will, transferring property, and settling affairs. When someone dies and their estate must go through the probate process, their assets, including their home, must be appraised. Having a will does not prevent probate; and having a trust doesn’t necessarily prevent probate. Once the assets have been identified and appraised, they can be sold or distributed to the beneficiary of the estate (the person inheriting the home).
The executor of an estate has many options when it comes to selling an inherited home.
If you need to sell a home, step one is understanding your options and having a clear plan on how to proceed. You’ll also need to work with an attorney. This can be a tedious process, and much to handle while grieving the loss of a loved one. Let me help you relieve the stress of navigating the probate process. Contact me today for a free consultation.
Nevada Probate Step-by-Step Process
When you’re selling a house in probate in Nevada, it’s best to hire a Realtor who is an expert in probate. I’m not just an expert in the probate process, I also train other realtors on how to become experts in probate real estate. Hiring someone who understands how to sell a home in probate will save you time, hassle, and money. Here are the steps that I will do for you as your probate realtor:
The probate process begins when a will is filed.
A hearing is scheduled to establish the validity of the Will and decide who will administer the estate (personal representative or executor).
Once appointed, the personal representative must distribute official notices informing heirs and beneficiaries about the Petition to administer Probate.
See if there is a need for an appraisal.
A Notice is published in a local newspaper (maybe more than one) to notify all interested parties that probate has been opened.
The Personal Representative has 90 days from the date of first publication to file an Inventory listing all assets.
The Personal Representative must locate, identify and take control of all assets of the Estate.
The Personal Representative can hire professionals such as Realtors, appraisers, accountants and others who are necessary to properly administer the estate.
Get professional legal advice on paying debts and distributing assets to heirs and beneficiaries.
Have more questions about the probate process in Las Vegas?
Hello! My name is Colette, and I am a Veteran of the United States Air Force and Las Vegas has been my community for over 16 years. I have been helping folks with their real estate needs for the last 10 years.
I specialize in Relocation, Military, Probate, and good old Residential Real Estate, from first time home buyers to investors.
Relocating Vegas provides expert relocation services for all of our clients and we offer extra services and special incentives for military and community service members. Let us help you relocate with ease! Contact me today!