{"id":654,"date":"2019-04-25T07:00:22","date_gmt":"2019-04-25T11:00:22","guid":{"rendered":"https:\/\/www.deeds.com\/articles\/?p=654"},"modified":"2024-04-25T23:21:05","modified_gmt":"2024-04-26T03:21:05","slug":"your-real-estate-and-probate","status":"publish","type":"post","link":"https:\/\/www.deeds.com\/articles\/your-real-estate-and-probate\/","title":{"rendered":"Your Real Estate and Probate"},"content":{"rendered":"\n<div class=\"wp-block-image\"><figure class=\"alignright is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.deeds.com\/articles\/wp-content\/uploads\/2019\/04\/your-real-estate-and-probate.jpg\" alt=\"Image of a small house with trees behind and a large yard in front. Captioned: Your Real Estate and Probate\" class=\"wp-image-656\" width=\"480\" height=\"252\" srcset=\"https:\/\/www.deeds.com\/articles\/wp-content\/uploads\/2019\/04\/your-real-estate-and-probate.jpg 960w, https:\/\/www.deeds.com\/articles\/wp-content\/uploads\/2019\/04\/your-real-estate-and-probate-300x158.jpg 300w, https:\/\/www.deeds.com\/articles\/wp-content\/uploads\/2019\/04\/your-real-estate-and-probate-768x403.jpg 768w\" sizes=\"auto, (max-width: 480px) 100vw, 480px\" \/><\/figure><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">When a person dies, the property owned by the deceased\nperson\u2014alone, or in the names of the deceased and another person without\nsurvivorship rights\u2014finds its way to the county probate court.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If the deceased person co-owned property, and the living\nco-owner holds a&nbsp;<em>right of survivorship<\/em>, probate is not an issue for\nthe real estate. The asset passes to the surviving owner upon presentation of a\ncertified copy of the former owner\u2019s death certificate. In other words, the\nsurviving co-owner absorbs the share of the person who has died.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Yet many people die as the sole owners of real estate, which\nthen becomes probate property.<\/p>\n\n\n\n<!--more-->\n\n\n\n<p class=\"wp-block-paragraph\"><strong>The Property and the Process<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If the person who died planned well, there is a valid,\nup-to-date will for the probate court to execute. The executor lists the real\nestate in the inventory of the estate. Depending on the law of the state where\nthe real estate exists:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>The title to a home may automatically pass to the will\u2019s named beneficiaries; or<\/li><li>The court will accept a petition to approve the transfer of real estate left by the will to specific people. A court order containing the property description effects the formal distribution.<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">In some cases, the executor must sell the property to divide\nthe proceeds or to pay the estate&#8217;s debts. The court may grant a petition for\nthe sale of real property to a willing buyer. When a court-ordered sale of\nproperty closes, the executor can direct the proceeds to the creditors and\nheirs.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Intestacy: When State Law Controls<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In some cases, no will is available when the property owner\ndies, despite the required good-faith and thorough search. If the deceased left\nno will, the court will grant a petition to declare the estate&nbsp;<em>intestate.<\/em>&nbsp;Then,\nstate law dictates the applicable&nbsp;<em>order of succession<\/em>&nbsp;to the\nproperty rights. The court will go down the list of relationships in order\n(spouse, children, parents, etc.), and transfer the property to the heir or\nheirs as the state directs.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Relatives and friends often approach the court of people who\ndie intestate, hoping to prevail upon the probate court&#8217;s discretion. State\nrules may allow the court to deviate from the order of succession on rare\noccasions when evidence demonstrates that property should pass to a specific\nperson.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">In the unlikely event that the probate court finds no one to\nqualify as a beneficiary, then the property escheats to the state.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Key to the Common Deeds<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">A number of common documents exist to convey the real\nproperty of a deceased person.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Executor\u2019s Deed<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Before distribution, title to the decedent&#8217;s real estate is\nvested in the&nbsp;<em>executor,<\/em>&nbsp;under the oversight of the probate\ncourt. During this stage, beneficiaries may not sell the property, as they do\nnot yet hold a legal interest in the property. If the executor, finding it in\nthe best interest of the estate to transfer title to the beneficiaries, they\nwill then be able to sell it.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">An Executor&#8217;s Deed is the common instrument for to conveying\nproperty to them. The following information should usually appear on this deed\n(check state law):<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>A statement that the named executor is conveying the property for the named person who wrote the will;<\/li><li>A statement that the deed is executed pursuant to the will;<\/li><li>A statement that the will has been probated;<\/li><li>The property\u2019s legal description.<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">If conveying the property to an outside party, the heirs as\nwell as the executor should sign the deed, affirming the legitimacy of the\nconveyance. State law typically directs the executor to have the deed\nwitnessed, notarized, and recorded with the county in which the property is\nlocated.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Administrator\u2019s Deed<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">When a person dies intestate, the probate court appoints\nan&nbsp;<em>administrator.<\/em>&nbsp;The Administrator&#8217;s Deed conveys ownership\nof property held by the deceased. After a court-ordered sale of the property, when\nthe court so authorizes:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Use the Administrator\u2019s Deed, following the judge&#8217;s order.<\/li><li>Where state law requires, file an administrator\u2019s report of the sale so that the court may issue an order confirming the sale.<\/li><li>Pay out the proceeds as the court order directs: to the creditors, heirs, or into the court.<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Deed of Distribution<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Sometimes a valid will bequeaths real property to more than\none person. This scenario is not uncommon, and there is a legal mechanism to\nhandle it: the<em>&nbsp;deed of distribution<\/em>. This deed names the new owners\nand their respective interests.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If the decedent&#8217;s interest is bequeathed to the children,\nyet another co-owner survives the deceased, the surviving co-owner will\ncontinue to hold title to that partial interest, if no separate document\nindicates otherwise. Thus, a marriage partner may hold title along with the\ndeceased co-owner\u2019s children.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Among multiple new owners, each holds an interest in a\nportion of the property. No one may sell the lot without every co-owner&#8217;s\nconsent. Co-owners may agree to sell their interests in the lot to one single\nowner among them. Alternatively, they may agree to sell the lot to an\ninterested buyer and divide the proceeds.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Affidavit of Death<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The recording information on a<em>&nbsp;transfer on death\ndeed<\/em>&nbsp;identifies the intended beneficiary. Certain states allow\ntransfer on death deeds for real estate.&nbsp;<a href=\"https:\/\/www.deeds.com\/forms\/california\/transfer-on-death-affidavit\/\">In\nCalifornia<\/a>, for example, the process is:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Complete an Affidavit of Death form to transfer title to the beneficiary. Have a notary witness the signature.<\/li><li>Record a certified copy of the death certificate and the affidavit in the property&#8217;s county.<\/li><li>Submit a preliminary change of ownership report.<\/li><li>Follow through with all fees, inheritance taxes, and other taxes.<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Any debts and agreements on the property follow it to the\nbeneficiaries in a transfer on death, which contains no warranty to protect\nbeneficiaries from claims against the lot.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Note:&nbsp;<\/strong>Beneficiaries can opt out of real estate\nconveyances by&nbsp;<a href=\"https:\/\/www.deeds.com\/articles\/refusing-to-accept-a-deed\/\">refusing a\ndeed<\/a>.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Good planning during a person&#8217;s lifetime ensures a smooth\nprobate process after death. The process takes time, but conveyances will\nhappen as the deceased person intended, with new deeds duly recorded to reflect\nthe new ownership.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Supporting reference:<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-rich is-provider-deeds-com\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"wp-embedded-content\" data-secret=\"8DT66rt0NF\"><a href=\"https:\/\/www.deeds.com\/articles\/what-happens-to-real-estate-when-the-owner-dies\/\">What Happens to Real Estate When the Owner Dies?<\/a><\/blockquote><iframe loading=\"lazy\" class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; clip: rect(1px, 1px, 1px, 1px);\" title=\"&#8220;What Happens to Real Estate When the Owner Dies?&#8221; &#8212; Deeds.com\" src=\"https:\/\/www.deeds.com\/articles\/what-happens-to-real-estate-when-the-owner-dies\/embed\/#?secret=BwRo2m8sez#?secret=8DT66rt0NF\" data-secret=\"8DT66rt0NF\" width=\"500\" height=\"282\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe>\n<\/div><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>When a person dies, the property owned by the deceased person\u2014alone, or in the names of the deceased and another person without survivorship rights\u2014finds its way to the county probate court. If the deceased person co-owned property, and the living co-owner holds a&nbsp;right of survivorship, probate is not an issue for the real estate. The [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[11],"tags":[],"class_list":["post-654","post","type-post","status-publish","format-standard","hentry","category-probate"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Your Real Estate and Probate - Deeds.com<\/title>\n<meta name=\"description\" content=\"When a person dies, the property owned by the deceased person\u2014alone, or in the names of the deceased and another person without survivorship rights\u2014finds its way to the county probate court.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.deeds.com\/articles\/your-real-estate-and-probate\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Your Real Estate and Probate - 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