Whenever a homeowner passes away, they may have established a will and testament, which is a legal document that indicates the names of those who will inherit the home, plus how their property will be distributed. Those who are listed on the will are known as the executor of their estate (the person[s] in charge of the property). In the state of Massachusetts, after a homeowner dies, the process of transferring ownership (title) of a property is called Probate. Simply put it, the legal way of inheriting a house.
The Massachusetts probate process is completed through local probate court. The court uses probate to determine who the rightful recipient(s) are of a property. The two (2) main forms of probate options that helps determine the rightful owner of a property are:
Court hearings before a judge to begin and execute the process for petition of a property.
Administrative proceedings, in front of a Magistrate, processed by Massachusetts Uniform Probate Code.
Exceptions to Probate
If you are wondering whether is it always necessary to probate a property, well…the answer would be ‘No’. It all depends on how the property is titled. Below are two (2) examples of exceptions to probate:
Jointly held property – Spouse has rights to property through survivorship
Property in a Trust – Members of Trust have rights to property
Selling an Inherited House
If you recently inherited a house and are thinking about selling the property, please contact us now! We buy houses from homeowners who have no need for their inherited house, but are interested in getting fast cash. If you have been legally assigned, through probate court, as the executor of the estate (property) and you can provide us with documentation to prove this, then we will certainly make you a reasonable cash offer as soon as possible!