Here are the basics you need to know about selling in a trust or probate.
Here with me again today is Dana Cannon of the Cannon Legal Firm to discuss some of the pitfalls we’ve both seen when selling a property in a trust or probate. Many people are misinformed about this and think anyone can sell one of these properties for them, but that’s not the case. Dana and I are both a part of the Estate Planning and Trust Council here in Long Beach, so we spend time every month studying and working to learn the changing rules about these processes. Selling a property in a trust or probate can be very complicated, but we’re both experienced in it and see people make mistakes all the time.
Feel free to watch the full message above, or use these timestamps that will direct you to various points in the video:
0:10—Introduction to today’s topic
1:50—Put in writing what you want to happen to your property after you pass
2:50—Ensure you choose an attorney and Realtor who are experienced in probates and trusts
5:10—A family member doesn’t have to be the trustee
7:10—Trust the advice of the great attorney and Realtor you hired
8:30—Wrapping up today’s topic
If you have any other legal questions about selling in a trust or probate, please reach out to Dana on her website. She’d be happy to speak with you. If you ever have real estate questions concerning this topic or any other, you can always reach out to me via phone or email. I would love to help you.