Posts Tagged ‘code’
Thursday, September 6th, 2018
Hello again everyone,
Are you looking for a Las Vegas, NV Realtor to help you with the sale of a home that is in probate? You’ve come to the right place. I can help you. Feel free to give me a call anytime. I can assist you through what can be a very challenging event. Maybe you’ve never had to do a probate sale before. No worries, I’ll help you through the whole process.
How do you avoid probate on a home?
Here’s some suggestions for you.
- Make a Living Trust. I can’t stress it enough. The way to avoid probate is simply to create a living trust.
- Name your beneficiaries on all retirement, bank accounts and other accounts that pertain.
- File Joint Tenancy with a Right of Survivorship. If you have questions about this let me know.
Wills do not have to go through probate unless you want to transfer ownership of assets owned by the testator, or the person who wrote the will, to her/his living beneficiaries. Some states provide legal options for doing it through simplified procedures for limited estates.
What needs to go through probate?
Assets that generally do not go through probate are, Firstly, jointly owned assets that transfer to the surviving owner; Secondly, assets that have a valid beneficiary designation; and then Thirdly assets that are in a trust. However, these assets do not always avoid probate.
Probate is the court-supervised process of the gathering of the deceased person’s assets and distributing them to creditors and inheritors. If you are the executor, your probate process will depend on if your state has adopted the Uniform Probate Code (UPC), which is a set of probate laws written by a group of national experts.
Take care, Penny O’Brien (702) 321.9383.
4435 S. Buffalo Dr
Las Vegas, NV 89147
Penny O’Brien is not an attorney, please hire one for professional advise. Thank you, Penny
Thursday, May 17th, 2018
There are some new villages in Summerlin starting to sell homes. I just visited the cliffs yesterday. It’s right up against the mountains in the South side of Summerlin.. It’s so new they don’t have a zip code yet.
The Paseos isn’t a new village but they have a Lot of building going on.
Reverence, it’s located on the far north of Summerlin. Near the 215 and Cheyenne exit. It’s elevation is very attractive to many new home buyers.
Stonebridge, it’s located in the West Section of Summerlin. The area has a higher elevation.
Thank you for your time and if you’d like to visit any of these new homes or resale homes let me know and we can go check them out. Have a wonderful day. Penny
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Penny O’Brien 702.321.9383
Wednesday, January 25th, 2017
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Enjoy your life, Penny O’Brien with RE/MAX Excellence. GOwithPenny@yahoo.com
Las Vegas | Henderson | Summerlin Realtor/Real Estate Agent
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