Behind the Sale: 18 St. James Ct, Orinda
A Probate Real Estate Story of Simplicity, Service, and Speed
A Probate Real Estate Story of Simplicity, Service, and Speed
Pricing the Home Correctly: Sellers want to set a price that attracts buyers but also reflects the true value of the property, ensuring they don’t leave money on the table. Attracting Qualified Buyers: Ensuring the home gets enough visibility and interest from serious, financially qualified buyers is a major concern. Timing the Sale: Sellers often …
Top 10 Concerns Home Sellers Face When Putting Their Property on the Market Read More »
Liquidating an estate is a significant responsibility for trustees, requiring careful management and adherence to the trust’s terms. To ensure a smooth process, trustees must understand the trust document, accurately inventory and appraise assets, settle any outstanding debts, and strategically liquidate the estate’s holdings. Finally, distributing proceeds to beneficiaries according to the trust is crucial. This concise guide outlines the key steps trustees should follow, helping them fulfill their duties efficiently while navigating the complexities of estate liquidation.
Losing a spouse is one of life’s most challenging experiences. Amidst the emotional turmoil, there are practical matters that must be addressed, including updating your revocable living trust. One critical step in this process is obtaining a fair market valuation or a date of death appraisal for your real estate assets. Understanding why this is necessary and how it can be done efficiently will help you navigate this difficult time with greater ease and clarity.
A few reasons why you may want to have a Fair Market Valuation on a property: Estate Settlement When a loved one passes away and leaves behind real estate property, the Fair Market Valuation is used to determine the property’s value at the time of the individual’s death. This valuation is essential for estate settlement, …