There is no legal time limit to transfer real estate after death. It could happen quickly, or it could take years. We’ve seen cases where the real estate doesn’t get transferred until generations later. A fast sale is ideal, because problems can emerge in the meantime. There is a lag between the date of death and when the executor gets legal authority to handle the property. So, even “fast” isn’t very fast.
What If You Don’t Want to Be an Executor?
/in New York Professional Executor, Probate, Professional executor /by Anthony ParkBeing chosen to serve as the executor of someone’s estate might seem like a huge honor. But it’s really more of a huge responsibility. Many might even call it a burden.
What if you’re not sure you want to be an executor? Is it OK to decline? In this post, I’ll guide you through the most common questions and answers.
5 Reasons to Hire a Professional Executor to Sell Probate Real Estate
/in New York Professional Executor, Professional executor, Solo Agers /by Anthony ParkToo few people realize the sweat and hassle that goes into selling a deceased person’s home. Why burden yourself (or your heirs) with that responsibility when you can hire a professional executor—someone who has the skills and know-how to take care of every last detail for you?
How much does it cost to hire an executor?
/in New York Professional Executor, Professional executor, Solo Agers /by Anthony ParkWhen folks reach out about hiring me as their executor, price is top of mind for many (if not all). So let’s go over what it costs to hire a professional executor, including fees and other expenses. We’ll start with the basics.
How to Hire a Bitcoin Executor
/in Bitcoin inheritance, Professional executor /by Anthony ParkWhen people reach out about hiring me as their bitcoin executor, they tend to ask a lot of the same questions. These things might be on your mind also, so I’m going to answer them here. Let’s get started!
How to Sell an Inherited Co-op in New York City
/in New York Probate Real Estate, Probate, Probate Real Estate /by Anthony ParkIf you’ve inherited an NYC co-op and you don’t live in the area (or, if you’re a New Yorker and you already know what a headache co-ops can be), you may want to consider hiring a local professional executor
Probate for Realtors: What You Need to Know
/in New York Probate Real Estate, Probate, Probate Real Estate /by Anthony ParkIf you’re a realtor, there’s a good chance that you will (or perhaps already have) run into a property that belonged to someone who is now deceased, whose heirs are selling the home in probate. When that day comes, what will you need to know? What makes a probate sale different from any other real estate transaction?
How to Inherit US Property When You (the Heir) Live Overseas
/in New York Probate Real Estate, Probate /by Anthony ParkInheriting someone’s home or property can be a stressful and overwhelming process. If the property is located in the US, and you happen to live outside of the country, it can be even more difficult.
How to Sell a Deceased Person’s House
/in New York Probate Real Estate, Probate /by Anthony ParkE341 How Long to Transfer Real Estate After Death
/in Probate Real Estate /by Anthony ParkThere is no legal time limit to transfer real estate after death. It could happen quickly, or it could take years. We’ve seen cases where the real estate doesn’t get transferred until generations later. A fast sale is ideal, because problems can emerge in the meantime. There is a lag between the date of death and when the executor gets legal authority to handle the property. So, even “fast” isn’t very fast.
E340 Reasons Not to Make a Loved One the Executor
/in New York Professional Executor /by Anthony ParkWe’ve talked before about not making a loved one your executor. I recently read an article titled, “2 Big Reasons Not to Make a Loved One the Executor of Your Estate.” Here, we’ll add our own perspective for why it’s not a great idea.