Administering an Estate
- Need assistance administering an estate?
- Closing an estate after the death of a loved one?
- Intimidated by the estate executor process?
Estate administration is a long, detailed process that takes months or years to complete. For families already dealing with the grief of loss of a loved one, this process can become extremely daunting.
Formal probate estate administration often can be avoided with careful estate planning, where a family settlement or small estate settlement can alternatively be pursued. For the benefit of loved ones and for peace of mind, it is always highly advisable to have a sound estate plan in effect that minimizes the surviving family’s burden. Whenever a spouse, parent, or loved one dies, next-of-kin survivors should quickly contact an estate attorney in order to select an appropriate estate administration strategy that will not only minimize the family’s burden, but will also maximize the estate’s beneficiary distribution potential.
Governed by statute and case law, Pennsylvania estate administration is the act of opening, managing, and closing a decedent’s estate. When a Pennsylvanian (or non-resident PA property owner) passes, that decedent’s property must be properly managed and distributed according to Pennsylvania law. Generally speaking, the estate administration process consists of opening the estate, marshaling assets, paying creditors, paying inheritance tax, distributing remaining assets to beneficiaries, and closing the estate. Estate administration practice is extremely fact specific and there is never a “one size fits all” solution. Estate administration strategy is largely dependent on the decedent’s marital, family, and financial circumstances, as well as the decedent’s estate plan. With or without an estate plan in effect, it is always highly advisable that a decedent’s family members and loved ones seek an estates attorney’s counsel shortly after death or immediately after the funeral in order chart an optimal estate administration course
Let Our Team of Experts Help You Navigate the Process
We can help you figure out whether it is best to open an estate and will walk with you through the entire administration process.
You can also contact us on FACEBOOK, or check other SITUATIONS WE MANAGE.
The Benefits of Working with
Prosperity Buys Properties
No Fees
Because we’re investors and not real estate agents, we don’t charge a commission, and we handle all the closing costs and other fees as well.
No Repairs
Don’t have the time, desire or money to fix your property? We buy houses in any condition, as is.
No Agents
We buy houses for cash, so you don’t have to go through the hassle of listing with a realtor and waiting months for your home to sell.
Fast Closing
We’re flexible and can work with your schedule, and often close in as little as 2 weeks.
A Message from Kirk, CEO of Prosperity Buys Properties
Kirk Waechter
CEO
At Prosperity Industries, we know what a hassle selling your house can be. We know that not everyone has the time or money to renovate before selling, hire a real estate agent, stage their home and still potentially wait weeks or months. We don’t believe selling your home should be a painful experience though, and have helped hundreds of homeowners sell their homes quickly and easily while getting the best possible deal.
So let us make you a no-obligation offer on your home. It takes less than 5 minutes to get started, and it could save you months of aggravation and thousands of dollars!
I am a licensed real estate Broker in Pa and a real estate agent in NJ for the past 15 years. I am obligated to treat sellers with respect and honesty. I am here to buy your house as an investor. I have created a safe and friendly environment for sellers looking to sell their homes fast can do so, and do so safely and treated well. With 15 years of experience, I can deliver a smoother transaction.