When you have the responsibility of handling and liquidating an estate’s personal property, nothing may initially help more than an estate sale. And, once you have sorted out and removed personal items from the estate, you can set up and monitor that process, on your own. Although, that may not be viewed as one of the best benefits of having an estate sale. It can often require much time and meticulous attention, for one thing. Or, you can rely on… Read more
Put simply, probate refers to a process for handling and dispensing property of deceased persons. The process can often involve the lack of a will or key stipulations in a will. And in light of that, the probate process with probate court comes into play. The probate process explained, in effect, means the estate must go directly through legal hurdles and channels for its handling and settling. If any beneficiaries are included in the will, the probate process includes dealing… Read more
An Administrator or Executor amounts to basically the same position. They are someone who is designated to carry out the terms of an estate plan, upon the death of the estate owner. The deceased names that person in their will. Or if no will exists, someone still must carry out those duties. In effect, an Administrator. And, both assignments simply become a personal representative for the proper overseeing and settling of the probate or trust process. In fact, Administrator and… Read more
Terry LaRoche is Broker and CEO of the LaRoche Probate & Trust Real Estate Team, with Keller Williams Realty. Although, while that title tells us something about her, it doesn’t tell the whole story. In fact, Terry has a somewhat storied background. As a result, Terry’s resume can tell us some things about her background. At the same time, it’s a background that merits more scope, if we are to better see how it melds into her current expertise and… Read more
As some may know, a reverse mortgage is only set up for property owners of retirement age. Also, it lets them borrow money, much like a home loan. At the same time, they have no loan payments. Plus, the loan pays off any existing, traditional mortgage. Although, interest and other fees do accrue. In fact, these accrue over the life of the loan. And, it’s not until a ‘trigger event’ that they become due. What is a trigger event? One… Read more
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