Probate Attorney
A skilled probate lawyer will guide you through the legal procedures involved in managing the deceased's estate. In cases where the individual passed away with a will (testate), a probate lawyer will assist in the proper distribution of assets and the settlement of estate debts. If the decedent passed away without a will (intestate), it's advisable to engage a probate lawyer, especially if the individual held retirement accounts, bank assets, or real estate.
Accountants, CPAs, and Tax Attorneys
A tax attorney can provide valuable assistance in addressing estate taxes that may arise when you file the final tax return for the deceased individual. Additionally, accountants, tax attorneys, and probate attorneys can offer guidance in the distribution of retirement accounts, investments, and other financial assets. It's important to note that in certain situations, the executor or administrator could be held accountable for unpaid taxes, necessitating the estate to fulfill all required local, state, and federal tax obligations associated with the decedent's passing.
Appraisal, Liquidation and Property Care
Real Estate Opinion of Value Letter:
Often requested by accountants, establishes home value at the time of passing, this is also known as a PCMA, a Probate Comparative Market Analysis, and should be done by a CPRES agent.
Real Estate Appraiser:
A licensed home appraiser gives a full appraisal.
Personal Property Appraiser:
Appraises the decedent’s personal property.
Personal Property Estate Liquidator:
Takes care of selling and or donating the decedent’s personal property.
Property Care & Support:
Handymen, electricians, plumbers, roofers, pest control, property managers, landscapers, trash haulers – all these service providers and others can be provided by your real estate agent.
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