Challenges of Probate Real Estate

Probate is the legal process of distributing a deceased person's assets according to their will. It can be an emotional and frustrating time. When real property is involved, the probate process can be complex and time-consuming. There are a number of common issues that can arise when probating real property, including:

Disputes among heirs: If the deceased person did not leave a clear and concise will, or if there are disagreements among the heirs, the probate process can be delayed or even derailed.

Creditor claims: Creditors of the deceased person may have claims against the estate, which can delay the distribution of the real property.

Title defects: If there are any title defects associated with the real property, such as liens or easements, these must be resolved before the property can be distributed to the heirs.

Environmental concerns: If the real property is contaminated with hazardous materials, the heirs may be liable for the cleanup costs.

These are just some of the common challenges that can arise when probating real property. If you are an heir to real property, it is important to be aware of these potential issues and to work with an experienced probate attorney and Realtor to ensure that the process is handled smoothly and efficiently.

Here are some tips for avoiding probate issues:

Create a clear and concise will. Your will should clearly state who you want to inherit your real property and how you want it to be distributed.

Keep your will up to date. As your life circumstances change, you should update your will to reflect your current wishes.

Work with an experienced probate attorney. A probate attorney can help you navigate the probate process and avoid potential pitfalls.

Work with a Realtor trained in probate real estate. Having a Realtor with training as well as patience and empathy, can guide the process.

I am here to help with Anchorage Probate Real Estate, so give me a call or email me at ken@rmgrealestate.com or 907.306.7230. For more info, www.anchorageprobaterealestate.com. Our team is here to help you through the process!

Posted by Ken Hagler, Your Alaskan Realtor