Frequently Asked Questions About Cash 4 Inheritance
We’re here to answer any and all questions about what we do. We’ll be covering a wide range of topics, from eligibility to probate. Let’s get started.
All the parties mentioned in the deceased’s will—if there are any—are eligible to sell the inherited property. If there is no will, our team will conduct research to determine who is entitled to the estate. The outcome is dependent on the intestacy statutes in place within your particular state or jurisdiction.
Cases of individuals passing away without any close relatives are more common than you think. In fact, you may have a share in an estate without being aware of it.
No, we cover all expenses. These include attorney fees, transfer taxes, and administration fees.
We can still purchase your share of the estate without their consent.
No. We acquire full responsibility for future legal action involving your share of the property.
You will be paid in full at the closing of the deal.
You do not have to pay any fees nor are you obliged to speak with our team members to review your inherited property.
Probate is a legal process that deals with the assets and debts left behind by an individual once he or she passes away. It is supervised by a court called the probate court. The term itself is used to describe the legal process, the court in which it takes place, and the distribution of assets.
The probate process may include all aspects of estate administration. These are:
- Ascertaining a will’s validity, if one exists
- Deciding on an estate administrator, executor, or representative
- Calculating the assets in and out of the estate
- Paying all relevant estate taxes as well as other debts
- Determining the identity of the heirs and other relatives
- Allocating the remaining assets to the heirs as stated in the will or as deemed by intestacy statutes
Probate typically begins when the deceased’s representative files a petition along with the death certificate in probate court. The process routinely ends once the court formally closes the estate.
This process is known to be time-consuming and expensive. If a relative or potential heir decides to contest the will or the court’s asset distribution, it can take even longer to resolve.
Aside from that, the parties involved in the probate process—such as the court, attorneys, assessors, and other professionals—charge fees for processing an estate. These fees typically come out of the estate itself.
If you’re interested in selling your inherited property, all you have to do is reach out to us. Click here to request a free consultation.