Expert in
Probate Real Estate
Helping you NAVIGATE this journey with care and compassion.
Century 21 Circle
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❝Kathryn brought together her years of experience and dedication and orchestrated the many difficult details during the process of selling our home. She is very customer oriented, all the while answering questions about the home selling process- often many times over. Kathryn has a lot of integrity and I felt she had my best interests at heart. I would highly recommend her.
~ RICHARD EVANS ❝Kathryn Hoffman is an exemplary realtor who exudes trust and confidence in her ability to get the job done. I wouldn’t work with anyone else! She is supportive, creative, and professional in her approach to real estate sales. Kathryn goes out of her way to ensure that the selling of the house goes smoothly. I could not have been more pleased with her efforts and the result. She is truly wonderful!
~ CARY CARLSON ❝I’ve known Kathryn on a more personal level, rather than business for a long time. And knowing her level of integrity was a huge factor in choosing to work with her. She excelled in every aspect of the business transaction. And I can’t imagine that any other agent would have shown her level of patience and sensitivity to my personal issues surrounding the transaction. I strongly recommend Kathryn; she’s a rockstar!
~ MARIAN CROWLEY |
What is probate?, reasons for filing probate, and steps in the probate process.
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Transfer of Ownership:Probate allows for the legal transfer of the deceased person's assets to their beneficiaries or heirs.
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Debt Settlement:Probate ensures that the deceased person's debts, taxes, and final expenses are paid from their estate before distributing the remaining assets.
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Dispute Resolution:Probate can help resolve any disputes that may arise concerning the distribution of assets or the validity of the will.
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Petition:The probate process begins with the filing of a petition with the probate court in the county where the deceased person resided at the time of their death. The petition may be filed by the executor named in the will or by an interested party, such as a family member.
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Appointment of Executor or Administrator:If there is a valid will, the court will appoint the person named as the executor in the will to administer the estate. If there is no will or no executor named, the court will appoint an administrator.
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Notice:The court will require the executor or administrator to provide notice to all interested parties, including heirs, beneficiaries, and creditors.
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Inventory and Appraisal:The executor or administrator must prepare an inventory of the deceased person's assets and have them appraised by a qualified appraiser.
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Debt and Tax Settlement:The executor or administrator is responsible for identifying and settling the deceased person's debts and tax obligations from the estate.
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Distribution:Once debts, taxes, and expenses are settled, the remaining assets are distributed to the beneficiaries according to the terms of the will or the state's intestacy laws if there was no will.
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Helping you NAVIGATE this journey with care and compassion. Pricing Strategy Advisor Certified Residential Specialist Senior Real Estate Specialist |
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ContactEmail Me
Phone: (630) 915-6572 Location: 1288 Rickert Rd Naperville, IL 60540 Business Hours: Monday to Friday, 9-5pm |
Get StartedLicense: 475.111761 Century 21Circle License: 477.013569 MLS #20131 |