September 2024

Understanding the Statute of Limitations for Real Estate Probate in Texas

Dealing with probate can be an overwhelming task, especially when it involves real estate. If you’ve found yourself grappling with the probate process in Texas, one critical element to understand is the statute of limitations. Essentially, this legal concept places a time limit on the ability to bring certain claims or initiate proceedings. When it […]

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The Role of Property Managers in Texas Probate Real Estate

Financial Law / Joseph Oluwatukesi

When real estate becomes part of a probate estate in Texas, the process of managing and overseeing that property can become complex. During this time, the estate is under the authority of the court, and properties involved may need maintenance, tenant management, or even preparation for sale. This is where the role of a property

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Ensuring Fair Market Value for Probate Real Estate Sales in Texas

Financial Law / Joseph Oluwatukesi

When a loved one passes away in Texas and their estate enters probate, real estate often becomes a key asset in the settlement process. As the executor or administrator, one of your responsibilities might be to sell this property. Ensuring that the probate real estate sells for its fair market value (FMV) is essential, not

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How to Handle Real Estate Maintenance and Repairs During Texas Probate

Financial Law / Joseph Oluwatukesi

Handling real estate during probate can be one of the most critical aspects of estate administration. Properties are tangible assets that need consistent care, and navigating this process in Texas probate comes with unique responsibilities. Executors or administrators often find themselves juggling the duties of estate settlement with the challenge of maintaining and repairing properties

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Texas Probate Law: Selling Real Estate with Tenants in Possession

Financial Law / Joseph Oluwatukesi

When a loved one passes away and leaves behind real estate, the executor or administrator often faces a complex task. One of the biggest challenges arises when the property is occupied by tenants. In such situations, selling real estate under Texas probate law becomes a careful balancing act between legal obligations to the tenants, estate

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Handling Probate for Joint Tenancy Real Estate in Texas

Family Law, Financial Law / Joseph Oluwatukesi

Texas probate law presents many complexities, and joint tenancy real estate adds even more confusion. Many Texas property owners hold real estate jointly with another person, often a spouse, through a form of ownership known as joint tenancy. While this arrangement offers some advantages, it also raises specific challenges, especially when one of the co-owners

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Handling Vacant Properties in Texas Probate

Financial Law / Joseph Oluwatukesi

When a loved one passes away in Texas, their estate often includes a variety of assets, with real estate typically being one of the most valuable. In many cases, these properties might be vacant, which can pose unique challenges for the executor or personal representative of the estate. Managing vacant properties under Texas probate law

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Probate for Timeshare Properties in Texas

Family Law, Financial Law / Joseph Oluwatukesi

When it comes to probate in Texas, many people immediately think of family homes, vehicles, and bank accounts. But there’s one area that often gets overlooked: timeshare properties. Timeshares can be tricky assets to deal with, especially when it comes to estate planning and probate. If you find yourself as the executor or heir of

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How to Maximize the Value of Real Estate Assets During Texas Probate

Family Law, Financial Law / Joseph Oluwatukesi

When a loved one passes away and their estate enters probate, one of the most important aspects of the process involves real estate assets. Texas probate law provides a structured process for handling these properties, but for beneficiaries and executors alike, the ultimate goal often goes beyond simple administration—it’s about maximizing the value of the

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Probate and Real Estate Auctions in Texas: Legal Guidelines

Family Law, Financial Law / Joseph Oluwatukesi

When someone passes away in Texas, the process of distributing their assets, including real estate, often goes through the probate system. While probate serves to validate a deceased person’s will and oversee the administration of their estate, it can also involve selling off assets to settle debts or distribute the remaining inheritance. Real estate is

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September 2024

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