A probate sale occurs when a deceased homeowner did not have a trust. The person may or may not have left a will determining who will get their property. If the person had accumulated more debt than they had in assets, the proceeds from the probate sale is distributed to satisfy their creditors and cover their debt. Any remaining cash goes to their heirs after a lengthy (and costly) court process.
A trust sale of property is a real estate sale where the deceased homeowner has a trust and instructions for handling assets held in the trust. This allows the estate to sell assets without court involvement, which can save time and money. We offer all property related services related to the fulfillment of last wills & testaments, sales of property, appraisals, Date of Death (DOD) appraisals, and estate liquidation.
Death and unexpected circumstances are a part of any person's life regardless of age, health and other factors. If you or a loved one do not have a Trust for your assets, it is recommended for any person who owns a home or has a net worth in excess of $100,000 to have a trust and consider estate planning. We have a network of estate planning professionals including attorneys we can refer you to for all your planning needs.
In almost all cases, a property is filled with personal property (stuff). Whether you are selling your own home, relocating, downsizing, or selling a property of a loved one who passed, we have strong relationships with excellent providers for estate sales, auctions, property clean outs and more. Let us ease the burden of dealing with all your stuff by referring to professional service providers.
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