Probate and Estate Sales

    I am a certified Probate Real Estate Specialist ( CPRES). This means one of my specialty is assisting Administrators and Executors  of the Estate with any Real Estate Properties the Estate has in the State of New York. As a CPRES my  team and I are there with you every step of the way to facilitate the liquidation of the Estate’s Real Estate. Or advise and guide you to evaluate your options of keeping the property.Selling an Estate or Probate property can be very frustrating , however working with an EXPERT CERTIFIED AGENT like myself will benefit you in many ways.  My team and I will explore all options with you so you can make an informed decision. In an Estate or Probate Sale our goal is to assist in easing the stress of the Administrator or Executor of the Estate with the Real Estate Portion of the Estate and get you TOP Dollars for the property, if you decide to sell. Feel free to contact me for a free No Obligation Consultation.

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    The Probate Timeline

     

    Steps                                                                                 Duration

    Prepare and File Petition for Probate 1-2 Months
    Court hearing on the Petition for Probate 2-3 Months
    The Following are Issued: Letters fo Administration , Order for Probate, Duties and Liabilities, Issue Bond ( if ordered) , & **Letters of Testamentary** 2-4 Months

    (if not contested)

    Notice to Creditors 2-4 Months
    Notice to department of Health Services Inventory & Appraisement 4-8 Months
    Pay State and Federal Taxes if Necessary 6-12 Months
    Allow or Reject Creditors Claims
    Possible Preliminary Distributions
    Notice to Department of  Health  (if deceased received medical)
    Notice to Franchise Tax Board (if hires are out of state)
    Claim of Exemption ( if assets transer to a minor) 6-15 Months
    Receive Final Tax Letter from State & Federal (if appropriate) 6-18 Months
    File Petition for Final Distribution & Accounting 8-16 Months
    Hearing on Petition for Final Distribution and Accounting
    Order Approving Final Distribution and & Accounting 9-17 Months
    Final Discharge Order 9-18 Months
    Final Distribution of Funds 9-18 Months.