The personal representative (executor) has all sorts of responsibilities in probate. Some are relatively easy while others can create problems if not done correctly. By acting as the fiduciary of the estate, a Tennessee executor must always make decisions that are best for the estate. Overvaluing or undervaluing estate’s assets can violate this duty. Let’s … Continued
Background I never heard of probate until the death of my grandmother. She passed at the age of 93, but had been moved into a memory care facility years earlier. In order to pay her bills, she had a reverse mortgage on her home. When she passed, her estate had to go through probate so … Continued
Tennessee probate requires the personal representative (executor) to log an inventory of the estate within the first 60 days of the beginning of their administration. The inventory consists of all assets and debts of the estate. If the decedent performed some estate planning before death it can be easier to find this information but there … Continued
Becoming an executor of probate in Tennessee can seem overwhelming. Managing probate is like any other job, if you don’t know all the responsibilities, you are likely to fail somewhere. This list of duties will help you succeed as an estate executor. Some of these tasks my not apply to your situation. The pre-death planning … Continued
The decisions we make can be hasty and ill-advised if we don’t take the time to understand our situation. Selling your home, usually your largest investment, requires time and effort to make sure you are making the best decision for you and your family. Let’s cover 5 misconceptions people have about professional home buyers in … Continued
Selling your house can seem difficult if there is some damage to the property. If you are lacking the extra cash it will take to repair it before selling, here are 5 tips for selling your house with damage in Clarksville. Tip #1: Include As-Is in Your Listing One way to sell your house with … Continued
If you have recently lost a loved one, you may hear the phrase “probate” come up. You find yourself wondering, “What is probate?” When someone passes away, the estate must be transferred to the deceased person’s heirs. Probate is the process of determining how to transfer the estate, along with paying any creditors that may … Continued
You may think it’s only the tenant who has a hard time paying the mortgage, but as a real estate investor or landlord, there may be times when it’s hard to pay the mortgage on your end as well. Here are some things you can do to avoid facing difficulty in paying your mortgage each month. Keep … Continued
How do I find out more about selling my home to New Leaf House Buyers? Fill out the short form below, or give us a call anytime at (931) 444-9360. We’ll get some basic information about your houses and within 24 hours can provide you with a no-obligation, fair-cash offer for your Clarksville home. If … Continued
If you find yourself facing foreclosure (or even threatened by the prospect of it), it’s absolutely critical to understand how the foreclosure process works in Tennessee. Understanding the Foreclosure Process in Tennessee What is foreclosure anyway? Legally, foreclosure is the official process by which a mortgage lender attempts to take back real estate property (a … Continued
