Survivors' Survival Guide: Selling Real Estate in Probate or Trust

By Joe Herbert and Anne Daily

The executor or administrator of a probate or a trustee of a trust who must sell real estate to settle an estate is typically faced with 14 challenges. Furthermore, the typical executor, administrator or trustee is not trained in being in this position nor are they experienced. Consequently, they will make mistakes that cost the estate time and money and sometimes heartache. This book is to help them become educated and make better decisions.

• Language: English
• Publisher: BookBaby
• Release date: Sep 30, 2019
• ISBN: 9781543988147

Book preview

Survivors’ Survival Guide: Selling Real Estate in Probate or Trust

Joe Herbert

Anne Daily

ISBN (Print Edition): 978-1-54398-813-0

ISBN (eBook Edition): 978-1-54398814-7

© 2019. All rights reserved. No part of this publication may be reproduced, distributed, or transmitted in any form or by any means, including photocopying, recording, or other electronic or mechanical methods, without the prior written permission of the publisher, except in the case of brief quotations embodied in critical reviews and certain other noncommercial uses permitted by copyright law.

Have you found yourself shouldered with the fiduciary responsibility of managing an estate?

Being in charge of a trust or probate can be a thankless job, and it can be challenging, time consuming, and emotional. On top of that, the executor or trustee many times is not prepared for the challenge. Most are not professional estate administrators. They did not go to school for administrating an estate. No one trained them. Most are left to navigate the challenge on their own without proper guidance. This book is designed to give the estate administrator some guidance based upon our combined 45 years of selling property that is in probate or trust. What we have learned is there are 14 challenges faced by almost all administrators who are selling real estate. Knowledge is power, and if the administrator can understand the challenges better, he or she can make better decisions.

One note to the reader: the terms executor, administrator, and trustee have precise legal