What is Probate and Trust in Real Estate?

Probate Real Estate Defined

A probate specialist who assists with the sale, transfer, or management of real estate properties that are part of a deceased person's estate. When someone passes away, their assets, including real estate, may need to go through a legal process called probate. This process involves validating the deceased's will (if one exists), settling any debts, and distributing the remaining assets to the rightful heirs or beneficiaries.

• Understanding Probate Law: They are knowledgeable about the legal requirements and processes involved in probate, which can vary by state or country.
• Real Estate Sales: They often work as real estate agents or brokers with a focus on selling properties that are part of an estate. They help the executor or administrator of the estate to price, market, and sell the property, ensuring that the transaction complies with probate regulations.
• Negotiation and Mediation: These specialists may negotiate on behalf of the estate to ensure a fair market value is obtained for the property. They may also mediate between family members or other parties involved in the estate to facilitate a smooth sale.
• Property Management: In some cases, a probate specialist may manage the property during the probate process, handling tasks such as maintenance, securing the property, and managing tenants if it's a rental property.
• Financial and Tax Implications: They may provide guidance on the financial aspects of the probate process, including the potential tax implications of selling the property and how to best handle these for the benefit of the estate.

My Real Estate Perspective

I have many years of experience and expertise working with clients who need to sell property through probate, trusts, and conservatorships. This is a specialty field that requires patience and sensitivity, and I’ve dedicated my career to mastering it. Many of my clients come to me through referrals from attorneys, financial planners, accountants, and private fiduciaries. While many agents might handle these situations as part of their general services, I approach them with trained purpose and care.

I take on the entire project management as needed, at no additional cost beyond the commission for selling the property. Whether it’s a mobile home, a single-family residence, or a multi-family unit, I’ve got you covered. My services extend to preparing the property for sale, which can include tenant eviction, house clean-outs, personal property estate sales, re-keying, staging, repairs, code compliance, court confirmation appearances, and coordinating with your legal advisors—whatever it takes to get the job done.

I work with an entire team of trusted service providers who can handle just about anything your property needs. My role is to coordinate all their services from start to finish, ensuring everything runs smoothly and efficiently.

When it comes to marketing homes, my goal is always to get the highest possible sales price for my clients. If you need a market analysis for your accountant to establish a new basis, that’s no problem—just give me a call.

I would be more than happy to consult with you in person or by phone if your property falls into this specialty category.

Alice Curtis

Office:  (707) 538-5395           Cell: (707) 953-9952