What is a Probate?

Probate is the legal process whereby a will is “proved” in a court and accepted as a valid public document that is the true last testament of the deceased.

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What are probate assets?

Probate only applies to a decedent’s probate assets. Probate assets are assets that the decedent owned solely in his or her name at death. They may also include assets that were co-owned but didn’t have a provision for automatic succession of ownership upon death.
For example, a bank account solely in the deceased’s name qualifies as a probate asset. If, however, that bank account is payable or transferable on death, or held jointly with rights of survivorship, then the account is not a probate asset.

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Who is involved in the probate process?

There are a number of people that are involved in the probate process. These people can include:

  • Clerk of the Circuit Court
  • Circuit court judge
  • Personal representative
  • Personal representative’s attorney
  • Creditors who file claims
  • Internal Revenue Service (IRS)
  • Surviving spouse and children
  • Any other beneficiaries
  • Trustee if the decedent has a trust

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Who is a Personal Representative?

A Personal Representative is the executor or administrator of an estate. An executor is named in the Will and responsible for managing the estate in accordance with the instructions of the Will whereas an administrator is appointed by the court if there is no will, an executor has not been listed or is unwilling/unable to fulfill the role.

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What does a personal representative do?

A personal representative is in charge of administering the probate estate, which includes a number of duties, such as:

  • Identifying, inventorying, and valuing the probate assets
  • Publish a Notice to Creditors so creditors can file claims
  • Serve a Notice of Administration to provide information about the probate estate administration and to notify those who might have objections
  • Conduct a search to find “known or reasonably ascertainable” creditors
  • Pay valid claims and object to improper claims
  • File tax returns and pay taxes
  • Employ necessary professionals to help with the process
  • Pay probate administrative expenses
  • Distribute remaining assets to beneficiaries
  • Close probate estate
  • Because a personal representative is responsible for so much, they are compensated for their services.

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How long does probate take?

Every estate and probate administration is different. Some estates take longer to administer than others. The simplest probate estate is required to be open for at least the three-month creditor claim period, so a simple probate estate could take 5-6 months to administer. If the personal representative, however, has to deal with selling real estate or resolving a disputed claim among other factors, the probate administration could take longer – sometimes more than a year.

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What is the difference between Probate and inheritance leads?

Probates are the records taken after death. Properties are not transferred to heirs and it may take 3-18 months based on the state the probate process is initiated.
Inheritance is the process where the property transferred to the heirs. At the end of the probate process, heirs inherit the properties.

The main difference between inherited and probate leads has to do with deeded ownership and court approval. The inherited property has already been deeded over to the heir/heirs while probate property is in the court process of doing so.

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What is the process to get the Probate leads from you?

We research and send a sample and available count/month for your desired county.

We will send the probate leads at an intervals(Weekly /bimonthly/monthly) requested by you. An invoice will be raised through the PayPal once the data is sent.

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What information do you provide to the list?

We will provide the information of the Deceased person’s Name and address, Mailing address, filing date, Case no, the property address, property description (Bed, bath, Assessed value, year built) and Personal representatives information and Attorney information (can provide If available on county clerk website)

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What extra information that you can provide than others?

We will provide the property information for the probate leads.

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Where will you get this information?

We will get this information from the county clerk Website.

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What is the cost of each Probate lead?

The cost of each probate lead is 40 cents

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At what intervals you can provide data?

We can provide freshly updated data for Weekly, bimonthly, monthly and bulk data (3 months back data).

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Do you provide bulk data (3 months back data/historical data)?

Yes, we can provide bulk data (3 months back data) on availability.

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What is the mode of payment?

We will use PayPal.

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Is there any minimum order required?

No, there is no minimum order required,You may order whenever you need leads.

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