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Sell Your Florida House For A Fair Market Value!
Here at Estates And Probates, We will buy your house As-Is for CASH and close on your timeline.
You will never have to make any repairs, clean out the property, or pay any closing costs.
We Buy Houses In Any Condition or Situation.
Call us now or submit your property details to get started.
About Estates And Probates
Estates And Probates is your resource for the probate process. We can provide you with all the necessary resources to help simplify this process. Feel free to contact us anytime to answer any questions you may have.
Cash Home Sales
Estates And Probates buys Real Estate and other personal property for Cash. Once the Personal Representative is appointed and The Letters Of Administration are issued the property and the assets in the estate can be sold. That means you can quickly and safely start collecting the necessary finances to close out the estate.
We purchase all properties with cash and can close on your time frame. Closing quickly will reduce the risk of additional fees associated with the property. Additionally, Estates And Probates will pay the closing costs with no real estate commissions.
Probate Services
There are a slew of tasks that are involved in managing your loved one’s estate—much more than simply planning a funeral. In fact, taking on the role of Personal Representative is quite demanding.
Fortunately, Estates And Probates can assist with providing the most reliable local non-legal services such as estate sales, lawn services, clean outs and charitable organizations for anything you may want to donate.
Probate Attorneys
We can refer you to a reputable and reliable probate attorney that we have worked with for many years. They understand your situation and your sense of urgency.
Estates And Probates can help you locate a reliable attorney that can assist you with all your probate needs.
What is a Personal Representative?
When loved ones pass away, they leave behind an estate—and someone is tasked with managing that estate. In some states, this person is referred to as an Executor or Administrator. In Florida, the term Personal Representative is applied.
Who Qualifies as a Personal Representative?
Nearly anyone can be a Personal Representative. Usually, the only people excluded from accepting the role are those who have been convicted of a felony, minors, and anyone mentally or physically incapable of handling the responsibilities.
The role of Personal Representative begins when the judge issues letters of administration. This official document authorizes the Personal Representative to act on behalf of the estate.
What Duties Must the Personal Representative Perform?
There are a number of responsibilities that befall the individual chosen to represent an estate. That person is best served when he or she seeks appropriate counsel to guard both the beneficiaries and him/herself.
The job a Personal Representative has been entrusted with is considerable. He or she is under a lot of pressure to act on behalf of the deceased and the beneficiaries therein. Specifically, a Personal Representative’s duties include:
- Reading the will and expediting burial instructions
- Meeting with family and other interested parties, as well as the probate attorney
- Petitioning the court for the probate of the will
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Securing and identifying all assets attached to the estate to include
- Insurance policies
- Tax waivers
- Cash
- Real estate
- Household goods
- Interest and dividends
- Books and files
- Bank accounts and safe deposit boxes
- Collections
- Acquiring appraisals for all valuables and the whole of the estate
- Determining and providing notice to creditors
- Utilizing probate asset funds to pay legitimate debt claims while refuting invalid ones
- Filing and paying any taxes owed by the decedent
- Appropriating estate funds to pay administrative fees
- Distribution of assets to beneficiaries
- Closing the estate
The Personal Representative’s Job is not to be Taken Lightly
Personal Representatives are carefully chosen, trusted and respected individuals. They are responsible for the division of assets and the maintenance of the entire estate. All valuables, tangible or intangible, are under their control and scrutiny.
Additionally, when disputes among beneficiaries arise, they are required to deal with and settle them appropriately. This is not a position to accept without careful consideration.
Mismanagement–intentional or otherwise–of the decedent’s estate will result in liability to the beneficiaries. They are entitled to seek damages from the Personal Representative.
Fortunately, Estates And Probates can assist with some of these tasks if needed. Give us a call today to see how we can help with the probate process.
Testimonials
We are experienced real estate investors in Florida and specialize in off-market properties.