We’re here 24 hours a day, 7 days a week, so call us now 214-225-4655 or email us Info@servanthearthomes.com
Serving Dallas-Fort Worth
We’re here 24 hours a day, 7 days a week, so call us now 214-225-4655 or email us Info@servanthearthomes.com
Serving Dallas-Fort Worth
Probate is the legal process where a court oversees the distribution of a deceased person’s assets, also known as their estate. A court-appointed individual, usually the executor named in a will, manages the estate by identifying assets, settling debts, and distributing the remaining property according to the will or state law if there’s no will. The legal process for Probate can be very lengthy, expensive and frustrating. Many attorneys will immediately recommend an estate be entered into Probate even when it is not needed resulting in needless legal expense and misuse of the families time and resources.
Probate is the legal process where a court oversees the distribution of a deceased person’s assets, also known as their estate. A court-appointed individual, usually the executor named in a will, manages the estate by identifying assets, settling debts, and distributing the remaining property according to the will or state law if there’s no will. The legal process for Probate can be very lengthy, expensive and frustrating. Many attorneys will immediately recommend an estate be entered into Probate even when it is not needed resulting in needless legal expense and misuse of the families time and resources.
A Will, also known as a last will and testament, is a legal document that outlines how a person wants their assets and other property to be distributed after their death.
A Will, also known as a last will and testament, is a legal document that outlines how a person wants their assets and other property to be distributed after their death.
It is a common misconception that probate is required when a deceased loved one does not leave a Will. However, probate is not necessarily mandatory even if there is or is not a Will. If the estate is relatively simple—consisting primarily of personal belongings, bank accounts, and a homestead—probate may not be required. not matter if there is or is not a Will.
It is a common misconception that probate is required when a deceased loved one does not leave a Will. However, probate is not necessarily mandatory even if there is or is not a Will. If the estate is relatively simple—consisting primarily of personal belongings, bank accounts, and a homestead—probate may not be required. not matter if there is or is not a Will.
Yes Probate can be avoided depending on the complexity of Assets. In those situations where the estate is predominantly personal items, bank accounts and a homestead, Probate and significant legal expense related to Probate can be avoided.
Yes Probate can be avoided depending on the complexity of Assets. In those situations where the estate is predominantly personal items, bank accounts and a homestead, Probate and significant legal expense related to Probate can be avoided.
An executor is a person appointed by law to oversee the execution of someone’s will after they have died. This role varies depending on the person in question, but in general, it involves gathering assets, settling debts, and distributing belongings to heirs. In most cases the assigned executor is a member of the decedents family or one of the beneficiaries of the estate. Assignment of an executor by the court is most always contentious and frustrating for family members. In many cases the executor performs the probate process according to court guidance and other heirs and family members can have an inequitable consideration in the disposition of estate assets.
An executor is a person appointed by law to oversee the execution of someone’s will after they have died. This role varies depending on the person in question, but in general, it involves gathering assets, settling debts, and distributing belongings to heirs. In most cases the assigned executor is a member of the decedents family or one of the beneficiaries of the estate. Assignment of an executor by the court is most always contentious and frustrating for family members. In many cases the executor performs the probate process according to court guidance and other heirs and family members can have an inequitable consideration in the disposition of estate assets.
A reverse mortgage is a financial agreement in which a homeowner relinquishes equity in their home in exchange for regular payments, or a lump sum, typically to supplement retirement income. Unlike traditional mortgages, which decline as you pay down the loan, reverse mortgages rise over time as interest on the loan accrues.
If a homeowner with a reverse mortgage passes away, the mortgage must be paid in full immediately, even if it requires selling the home to pay the reverse mortgage balance.
A reverse mortgage is a financial agreement in which a homeowner relinquishes equity in their home in exchange for regular payments, or a lump sum, typically to supplement retirement income. Unlike traditional mortgages, which decline as you pay down the loan, reverse mortgages rise over time as interest on the loan accrues.
If a homeowner with a reverse mortgage passes away, the mortgage must be paid in full immediately, even if it requires selling the home to pay the reverse mortgage balance.
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“Many investors are shady including the other one I was talking to. I 100% believe I was supposed to talk to you today and have you be my savior from being taken advantage of so to speak. Had it not been for you to open my eyes I would have still been freaking out. So I am so thankful for you and your guidance! Why can’t everyone be like you ?!”
“Thank you for stopping my foreclosure and allowing met to keep my house. I have no words to adequately express my appreciation! As a Chrstian I struggle with not having enough faith to trust God to guide me to people that he has chosen to help me. I know that you are a God send. Because of you my faith is growing.”
“Paige and her collegues were amazing to deal with. All were pleasant and professional and went above and beyond.”
Thank you my friend you have been a savior from having to sell my home at auction.”
“Selling my house was a difficult thing but with my ongoing medical challenges it was necessary. Thank you for your assistance during this trying time and everything you have done for my family.”
“Many investors are shady including the other one I was talking to. I 100% believe I was supposed to talk to you today and have you be my savior from being taken advantage of so to speak. Had it not been for you to open my eyes I would have still been freaking out. So I am so thankful for you and your guidance! Why can’t everyone be like you ?!”
“Thank you for stopping my foreclosure and allowing met to keep my house. I have no words to adequately express my appreciation! As a Chrstian I struggle with not having enough faith to trust God to guide me to people that he has chosen to help me. I know that you are a God send. Because of you my faith is growing.”
“Paige and her collegues were amazing to deal with. All were pleasant and professional and went above and beyond.”
Thank you my friend you have been a savior from having to sell my home at auction.”
Copyright Servant Heart Homes
Copyright Servant Heart Homes
