Question by NH: In probate, does real estate the deceased has be sold privately at Fair Market Value?
My brother passed away and left no will. I have just been named administrator of the estate (NH btw). Surviving next in line beneficiaries are my parents. He currently owes more debt (med bills) than the value of his liquid assets and the only main asset of value is his investment property. Since we want to keep it in the family, can i as the administrator purchase it myself and take out a mortgage enough to pay off his debts? I first thought to sell to my parents but they are also the beneficiaries so from that point I think there’s an option to refinance/mortgage the real estate through probate. Is it a conflict of interest? I know it’s my fiduciary duty first in handling of the estate but at the same token seems conflicting?
Question by First L: Probate/Real Estate – Sales Division?
Trying to keep this short and to the point. Father dies intestate. Some children survive. Some childen who have deceased after the father died leave surviving spouses and have issue. All of the children that died passed away intestate. The real property is sold. Funds are pending.
Question by James R: Can Real Estate that is in probate for the death of the owner be sold by the successors? Missouri court?
Property is now in the name of the two daughters according to the county assesors office but the daughter I have contacted says it is in probate and she cannot sell until that is finished.
Question by WholeSaleRunway.com: what is Probate real estate?
Hi,
I have been seeing some things on TV about Probate real estate and how they are better then foreclosures.
Can someone tell me a little bit about Probate and how it works.
Question by seashore333: Minimum value of real estate required to go through probate in Connecticut?
Where can I find out which real estate (by value) must go through probate court in CT? Or, to put it another way, below what dollar amount would real estate not be required to go through probate? Thank you!



