Estate Related News & Articles
Real estate investing has been around for centuries, but probate investments may leave you scratching your head a little. The Probate legal process of validating a will, paying debts including taxes, and distributing the remaining assets could take up to a year, often times what emerges is an opportunity to purchase the property from the person that’s left to handle the assets.
Probate involves the court supervised process of identifying, gathering and supervising of a decedent’s assets to pay debt and distribute assets amongst beneficiaries. The probate administration process only applies to probate assets.
What are probate assets?