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What is Probate?

Tuesday, February 13, 2024   /   by Robert Ortega

What is Probate?

Hello everyone! Today, I want to demystify a topic that often comes up in real estate: probate. Probate is a legal process that takes place after someone dies. It involves proving in court that a deceased person's will is valid, and then administering their estate according to that will.

Now, why does probate matter in real estate? Well, when a property owner passes away, their property often becomes part of their estate. If they had a will, the property is transferred to the beneficiaries named in that will. If there's no will, state laws determine who inherits the property.

During probate, the court oversees the process to ensure debts are paid and assets, including real estate, are distributed properly. This can be a complex process, especially if the property has a mortgage or there are disputes among heirs.

As a real estate probate expert, I help guide executors and beneficiaries through this process. This can involve everything from determining the property's value, selling the property, and ensuring the proceeds are distributed according to the will or state law.

Remember, every probate situation is unique, so it's important to consult with professionals who can provide tailored advice. Feel free to reach out if you have any questions about probate and real estate!

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Certified Probate Expert - Real Estate Sales - Residential | Luxury | Property Management
Robert Ortega
26650 The Old Road
Valencia, CA 91381
DRE# 01167918
11812 San Vicente Boulevard
Brentwood, CA, 90049

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