When a family member dies, the Missouri probate process and the administration of an estate can quickly devolve into complications, particularly if several heirs are involved, and they don’t see eye to eye. Disputes about the validity of a will or trust, as well as the proper manner to execute the will, can make heirs to see red, and resolving these issues often requires legal intervention. To resolve differences, call a Kansas City probate attorney.
Nolo Law for All says “Probate is a legal process that takes place after someone dies. It includes:
If they died without a Will, then the property will be distributed according to Missouri law regarding intestacy (dying without a Will).
A Kansas City Probate Attorney will encourage a family to have a will to ensure that all assets will pass to the heirs quickly and efficiently. A will expresses the clear wishes for the disposition of assets after the passing of a loved one. Inter-family disputes over assets are some of the most stressful events for a family. Drawing up a will with a probate attorney is one of the most loving things you can do for your family.
Missouri residents do not need to worry about a state estate or inheritance tax. Missouri does not have these kinds of taxes, which some states levy on people who either owned property in the state where they lived (estate tax) or who inherit property from someone who lived there (inheritance tax).
Even before the property has cleared probate, the heirs may want to quickly dispose of the property. That’s where Terra Firma Property Solutions, LLC can help. The heirs may not want to bring the house up to today’s standards. There may be no money for repairing, paying taxes. There may not be an inclination to spend time renting, or staging and showing the house.
Terra Firma Property Solutions, LLC is a cash buyer solution. We can buy the property “as-Is, ” and we don’t require repairs; we pay cash and can close quickly if needed, and there are no closing costs or inspections for the seller.
We buy and sell properties throughout the greater Kansas City area. We specialize in buying distressed homes, then renovating and reselling them to home buyers and landlords. Terra Firma Property Solutions: excited to be part of the economic rejuvenation of Kansas City and its surrounding areas.
Call us today at (816) 866.0566