Many people wonder about the difference between a probate administrator and a probate executor. In this video I explain the differences between these two designations. Although there are some differences, basically the probate administrator or the probate executor is the one responsible for working with the attorney to get everything through probate. When the decedent leaves a will, the person named in the will is call the executor. The executor carries out the directions in the will. When there is no will, the probate court appoints a person to administer the estate of the decedent. Both are considered the Personal Representative of the estate.
Watch this video to learn more about how Personal Representatives are assigned and, when there is no will, how beneficiaries are named.
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Welcome to my YouTube channel. My channel provides information, stories, tools, tips, and advice to help you grow your real estate business by becoming a Certified Probate Real Estate Advisor.
I made the decision to focus on probate real estate I realized I needed a PLAN to figure out how I was going to market myself and to whom. Then I needed to PREPARE all the marketing materials – the letters, flyers, emails, scripts that I wanted to use. How was I going to PROSPECT for leads? Once I got a probate listing I needed to PERFORM, creating outrageously happy clients. Finally to sustain my growing probate real estate business I needed to establish ways to PROMOTE myself.
Over the years I developed a systematic and thorough business model that I follow for every single prospective and new client. With my business model I use specific, detailed Action Plans that I created to guarantee no important detail in the entire process – from marketing to closing – was ever overlooked.
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I am NOT a lawyer or tax professional. The presentations reflect my own understanding of the underlying subjects. However, the presentation is based on my professional experience in the field of real estate. The information contained herein should NOT be used as a substitute for the advice of an appropriately qualified and licensed attorney, tax professional or contracted real estate agent/broker. The information provided here is for informational purposes only. You should consult with a professional to seek legal advice regarding your exact circumstances.
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