PROBATE Probate Broch… · PRESS is the acronym for Probate Real Estate Services and Sales.To...

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Make us your first call! PROBATE. WE MAKE IT SIMPLE! PROBATE REAL ESTATE SERVICES AND SALES WE MAKE IT SIMPLE!

Transcript of PROBATE Probate Broch… · PRESS is the acronym for Probate Real Estate Services and Sales.To...

Page 1: PROBATE Probate Broch… · PRESS is the acronym for Probate Real Estate Services and Sales.To borrow a basketball analogy, “A Full court PRESS” is what we provide for our estate

Make us your first call!

Probate. We make it simPle!

PROBATEREAL ESTATE SERVICES AND SALES

WE MAKE IT SIMPLE!

Page 2: PROBATE Probate Broch… · PRESS is the acronym for Probate Real Estate Services and Sales.To borrow a basketball analogy, “A Full court PRESS” is what we provide for our estate

Probate is many times the “messy” putting together of the affairs of a deceased loved one - those things that were never quite gotten around to before. Now, as the Personal Representative or Administrator of the estate those tasks fall to you. You are in new, uncomfortable territory and still grieving. Your state has requirements that fill a small booklet and you just need to get the process done and over.

Dealing with family and creditors would be enough, but the avalanche of calls and letters from investors and real estate agents is just too much! You feel the pressure from all sides, but you know you have to do things right. There is an “Easy Button.” Probate Real Estate Services and Sales (PRESS) is your simple solution to resolving your probate real estate issues.

Our firm specializes in probate real estate and probate real estate only. Our professionals have been in business for nearly thirty years and we have seen it all. We have anticipated your needs and have built our services around fulfilling them. Additionally, our licensed and experienced Realtors have been trained in every nuance of the estate administration process.

We don’t work with first time homebuyers, or move up buyers, or whomever. We only work with our estate clients and their attorneys. You have 100% of our attention and commitment. That translates to real-time unqualified service and dedication to your satisfaction (we have the testimonials to prove it). There is no other real estate brokerage that can make these promises and stand behind them.

We also provide resources and information straight from the local jurisdictions that are easy to understand and use. An example is our very own “Case Diary” which allows you to keep track of all the important events and dates in your probate case. We also provide our clients with our “Resource Directory” which has a list of qualified vendors that do everything from maid service, and hauling to home repairs. These tools underscore our client commitment and service. Take the time to peruse our website carefully for other beneficial resources.

To reiterate, there is nothing in the probate process that you can’t call us for! In fact when you make us the first call, you will realize just how comprehensive our services are. Click the link below for a complete list of the services we provide.

introduction

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Page 3: PROBATE Probate Broch… · PRESS is the acronym for Probate Real Estate Services and Sales.To borrow a basketball analogy, “A Full court PRESS” is what we provide for our estate

PRESS is the acronym for Probate Real Estate Services and Sales. To borrow a basketball analogy, “A Full court PRESS” is what we provide for our estate clients. So when you need the best service and the highest price for your estate property, call us. Probate. We Make It Simple! These are our promises and your guarantees! PRESS the Easy Button by calling our office or completing our online Inquiry Form; we are waiting to help you.

Complete list of services

Step 1: Contact/Meet with our Office

Step 2: Determine what services you require

Step 3: Engage Us

Step 4: Let the Experts do the Rest!

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How we Work:

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managing the sale of a probate

GET AUTHORITY TO LIST

MARKETING

ATTORNEY APPLIES FOR COURT DATE

CLOSE ESCROW

PUBLICATION

LISTING SERVICE

LOAN APPROVAL

ADVERTISING

DISCLOSURES

REVIEW OF THE TITLE

DETERMINE LIST PRICE

OPEN HOUSE

CONTINUE ADVERTISING

COURT DATE SET

SHOWING THE PROPERTY

NEGOTIATING THE OFFER

CONTINUE SHOWING

OPEN ESCROW

REMOVING ALL OF BUYER’S CONTINGENCIES

COUNCEL PROSPECTIVEOVERBIDDERS

POSSIBLE OVERBIDDINGIN COURT

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keeping a Case Diary and tracking important Deadlines

1. Date of Death

2. Date of Filing of Will with D.C. Superior Court (within 90 days of death)*

3. Date of Court’s Order Appointing Personal Representative (Letters of Administration)

4. Date of First Newspaper Notice to Creditors (within 20 days of the appointment of the Personal Representative)*

5. Date of Notification to Interested Persons (within 20 days of the appointment of the Personal Representative)*

6. Date of Inventory of Assets Provided to all Interested Persons (within 3 months of the appointment of the Personal Representative)*

7. Expiration Date for Filing of Estate Creditors’ Claims with the Personal Representative (within 6 months of the date of first legal notice publications)*

8. Decedent’s personal D.C. and Federal Income Tax Returns Due (April 15 of year after death)

9. Federal Estate Tax Return Due if estate value requires it. (9 months from the date of death)

10. District of Columbia Estate Tax Return Due if estate value requires it (10 months from the date of death)

11. D.C. and Federal Estate Income Tax Return Due (3 1A months from end of each tax year of estate)

12. Automatic Termination of Unsupervised Personal Representative’s Appointment (3 years from date of appointment)

13. In Supervised Administration Cases - First Account Due with Court (One year from the date of first public legal notice) (#4 above)*

14. In Supervised Administration Cases - Date of Filing Later Accounts with the Court

15. Date Estate Closed

16. Date Certificate of Completion is filed with the D.C. Superior Court

Write Date Here

* Time lines specified in 1994 D.C. Probate Reform Act. Verify information with your CPA and/or Attorney. Please note we are not providing legal or accounting advice nor are we serving in that capacity. We recommend you seek legal counsel if needed. if you need a CPA and/or Attorney, contact us for a list of referrals that could be of service.

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Page 6: PROBATE Probate Broch… · PRESS is the acronym for Probate Real Estate Services and Sales.To borrow a basketball analogy, “A Full court PRESS” is what we provide for our estate

Probate Process in Four measurable stages:

1st Start the Process Find the Will and file it with the D.C. Superior Court Probate Division; and Obtain D.C. Superior Court appointment of the Personal Representative.

2nd Gather and Appraise the Assets Make an inventory of the assets the decedent owned at death and determine the value of each asset.

3rd Pay the Debts Determine the debts, taxes and settlement expenses of the estate and pay them.

4th Distribute the Assets Distribute the remaining assets to the rightful beneficiaries.

What Has Helped other Personal representatives successfully Complete a Probate?

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9 Helpful Tips For Personal Representatives:Be sure to follow the rules listed below in order to complete the probate process as quickly and easily as possible:

Answer all questions on all appropriate forms;

Give a copy of the inventory and final accounting to all interested persons;

Supply all documents requested by the Court;

Distribute property in accordance with the Will;

Watch the calendar to avoid missing filing deadlines;

Be sure assets are reported correctly;

File all tax returns for the decedent and the estate;

Keep a complete record of estate bank statements, cancelled checks, and receipts; and

Keep a complete record of estate income, deposits, expenses, and property distributions.

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Page 8: PROBATE Probate Broch… · PRESS is the acronym for Probate Real Estate Services and Sales.To borrow a basketball analogy, “A Full court PRESS” is what we provide for our estate

What services do you feel you’ll need?As the leading Probate-Estate experts we offer our clients high quality, efficient, full-service for all probate real estate-related services, which has saved them a tremendous amount of time, frustration and money. Think of the Probate Real Estate Services and Sales (PRESS) Team as your “HUB” for any and everything probate and trust related even if it’s for an estate administration, conservatorship, or a guardianship case.We can help with everything you and your family need; from Estate Sales to Cleanouts and Hauling as well as Real and Personal Property Appraisals to Property Management and so much more while under a listing with PRESS Team.

services the Probate real estate services and sales- Press team has to offer ...In our quest of offering the highest-quality and most efficient service possible for our clients, please review the list and check the appropriate box for the service(s) you feel the estate needs now or in the near future (check all that apply):

c Cleanout / Hauling c Maid-Service c Moving/Recycling/Donations

c Estate Sale/Auction c Home Staging c Appraisal, Personal Property

c Property Management c Appraisal, Real Prop c CFP/Financial Planner

c Title Attorney c Title Company c Short Sale (“underwater” sale)

c Probate Attorney c Paralegal/Filing Forms c CPA Estate Tax Return Filing

c Home Inspection c Termite Inspection c Roof Inspection

c Repairs/Handyman c Drywall Repairs c Painting (interior/exterior)

c Electrical (repair/replace) c Plumbing (repair/replace) c Fence/Gate (repair/replace)

c Roof (repair/replace) c Window (repair/replace) c Floors (repair/replace)

c Kitchen Renovation c Bathroom Renovation c Major Remodel

c Foundation (repair/replace) c Landscaping c Room Addition

c Conventional Loan c Refinance c Hard Money Loan

c Retail Buyer (market value) c Investor Buyer (below market) c Other

Client’s menu of Probate & trust services

our Press team full service approach has saved our clients massive-amounts-of-time, relieved their mounting-stress, and maximized the profits of the estate.

... WHY settle For aNYtHiNG less

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DC Probate information

PRobatE DIvISIon/REgIStER oF WIllS oFFICESuperior Court Of the District of Columbia Building A

- entrance on park side 515 5th Street, NW,3rd Floor Washington, DC 20001

(202) 879-9460 www.dccourts/gov; click “Superior Court,” then “Probate Division”

SuPERIoR CouRt oF thE DIStRICt oF ColuMbIa500 Indiana Avenue, NW Washington, DC 20001

(202) 879-1010 www.dccourts.gov; click “Superior Court”

DIStRICt oF ColuMbIa baR1101 K Street, NW Washington, DC 20005

(202) 737-4700 www.dcbar.org; click “For the Public” and

www.lawhelp/org/DC; click “Life and Estate Planning”

aaRP lEgal CounSEl FoR thE ElDERly601 E Street, NW Washington, DC 20049

(202) 434-2120 www.aarp.org/lce

Tax Information

u.S. IntERnal REvEnuE SERvICE (IRS)500 North Capitol Street, NW Washington, DC 20221

(202) 874-6748www.irs.gov

D.C. oFFICE oF tax anD REvEnuE (otR)941 North Capitol Street, NE Washington, DC 20002

(202) 727-4829www.dc.gov; click “Taxpayer Service Center”

Helpful Contacts & information sources for Probate & estates

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www.probatewemakeitsimple.com

PROBATEREAL ESTATE SERVICES AND SALES

WE MAKE IT SIMPLE!

Law Offices W Alton Lewis Shelore Ann Cary Williams1450 Mercantile Lane, Suite 155Largo, Maryland 20774Telephone (301) 341-5577Fax (301) 341-7012

Stacie M. Simon, Esq.Admitted in DC, MD, NJ & PAThe Elder & Disability Law Center1020 19th St. NWSuite 510 Washington, DC 20036Telephone (202) 452-0000Fax (202) 463-2757www.edlc.com

David M. Maged, Esq.Pinnacle Title and Escrow, Inc.Solomon & Maged, PC51 Monroe StreetSuite 1505Rockville, MD 20850Direct Telephone (301) 279-4213Direct Fax (301) 315-9813Telephone (301) 424-5400Email [email protected]

David B. Lamb, Esquire1740 N Street, N.W.Suite OneWashington, D.C. 20036Telephone (202) 785-4822

Law Offices of Peter Mann1350 Connecticut Avenue, N.W.Suite 202Washington, D.C. 20036Telephone (202) 387-3547Fax (202) 223-7005

Scott C. SpeierAttorney at LawThe Speier Law Firm, LLC11300 Rockville Pike, Suite 112 Rockville, Maryland 20852Telephone (301) 468-5657Fax (301) 468-5658www.speierlaw.com

references

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