I Inherited a House… Now What? Probate, Trusts & Selling the Home | Episode 99

https://www.youtube.com/watch?v=6QUnWuCh6RM “Before you sell an inherited house, make sure the right people actually have the legal authority to sell it.” What happens after a loved one passes away and leaves behind a home? Can you sell it immediately? What if there’s no will? What if siblings disagree? What if there’s still a mortgage? In this episode of Talking Realty, Glen sits down with Ohio estate planning and probate attorney Matthew Deliberato to walk through the entire process of inheriting a home, the pitfalls of probate, why you should look into a trust, and who to contact on day one? In this episode you’ll learn: • What probate really is (and why so many families want to avoid it) • The difference between wills, trusts, transfer-on-death deeds, and probate • The legal responsibilities of executors and trustees • How a professional can help you avoid mistakes after inheriting real estate • When to involve an attorney, Realtor, and title company Whether you’ve recently inherited a home, expect to someday, or simply want to make life easier for your own family, this episode will help you understand the process before costly mistakes happen. Guest Spotlight: Matthew Deliberato Matthew Deliberato is the founder of Deliberato Law Center and has spent more than two decades helping Ohio families navigate estate planning, probate, trusts, elder law, and Medicaid planning. His practical, easy-to-understand approach helps families protect what they’ve built while avoiding unnecessary legal complications. Website: icanprotect.com Phone: 216.341.3413 Deliberato’s Virtual Estate Planning Workshop We regularly work with sellers who have inherited a home or are helping their parent’s sell their home. We understand that it can be a difficult time with many decision makers in the mix and oftentimes you need to maximize the amount you net for the estate to either cover costs or set mom & dad up to live comfortably. Book a free pre-selling strategy call and learn how our virtual model can make it easier for home sales involving a committee of sellers to get sold and save thousand of dollars. Key Moments: 00:56 Meet Attorney Matt Deliberato 03:57 How Probate Happens 05:09 Doing Nothing Costs 07:19 When There’s No Will, Who’s In Charge 08:18 Options To Avoid Probate 12:39 Probate Steps and Fees 15:42 Selling During Probate 17:06 Executor Liability and Bills 18:47 Quick Sale and Heir Buyout 19:21 Too Many Heirs 20:14 When Families Disagree 22:22 Trust vs Probate 24:19 Working Through Emotions & Family Dynamics 26:32 House Condition Reality 28:32 Realtor and Title Company Roles 33:08 Estate Planning 34:47 Matt’s Flat Fee Services and Workshop Key Resources: Book Your Free Pre-Selling Strategy Call Queens To Cleveland Podcast Selling A Home For Your Parents | Ep 36 How To Sell Your Home “AS IS” | Ep 35 The Truth About Title for Home Sellers: Title Fees, Insurance, and the “Local Title” Myth | Episode 75 Contact Information: Podcast Website: TalkingRealty.com Ohio Property Group: OhioMLSFlatFee.com Email: [email protected] Book Your Free Pre-Selling Strategy Call Associates Title Website Ryan Phillips / Associates Title: 614 419 2418 Download the Ultimate Home Selling Toolkit Glen’s Blog Book: “You Can Sell It” by Glen Whitten Course: “Living To Listing” Complete Listing Prep @OhioMLSFlatFee   @ohmlsflatfee   Ohio MLS Flat Fee OhioMLSFlatFee @ohiomlsflatfee