Belfair Washington Real Estate Battle Because of Last Will & Testament
October 22nd, 2008 by Roni German | no responses
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Recently in Belfair, Washington I witnessed a real battle over real estate. It came about because of a Last Will and Testament. In the Will, a gal we will call Rhonda was scheduled to inherit a piece of real estate. Her sister, Tracy was listed as the only “Executor” of the Will with no alternate in case Tracy was unable or unwilling to probate the Will. In this case, Tracy has no interest in probating and will not give permission to Rhonda to probate. This leaves a very big question as to HOW Rhonda can take title to the property. The law doesn’t allow for her to take title without the property being probated. Therefore, she is in quite a predicament at this point in time. It seems to this writer that if the person wishing to leave a piece of real estate to an individual should seek legal advise about alternatives to just leaving the property in a Will or only designating one person on the Will to probate. For instance, what happens to the “probate” if that one individual they left to probate the Will were to predecease them or die at the same time. What good is the Will in this case. They have good intentions that cause more grief for the person they intended to get their property. Therefore, when thinking of your most valuable things, such as your real estate, think ahead and consult an attorney and your accountant.
The Author: Roni German
About: If you are looking for knowledge, experience, professionalism, integrity and personal service in a real estate transaction, Peninsula Real Estate is the company to contact. We strive to make each transaction a wonderful experience for all parties involved.
This entry was posted by Roni German, on Wednesday, October 22nd, 2008 at 10:33 pm and is filed under Real Estate News, Featured, Blogroll. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response on the right, or trackback from your own site.
