How Do You Transfer Property From A Deceased Person?
The loss of a loved one is a difficult time for families. Compounding this issue is the need to transfer property such as cars, homes and bank accounts into the names of the surviving family members. While every state varies with regard to their rules on how estates are handled, most have simple guidelines and do their best to streamline families through the probate process whenever possible. Verify the total amount of assets left in the will. If the amount is less than $500,000, then most states will not require the will to go through probate. Probate is the process by which the court verifies the validity of a will and oversees the disbursement of assets. Some states, such as California, also offer a streamline probate for widows left with assets over $500,000. Obtain a certificate of death from the state recorder’s office. For most widows, it will be necessary to request at least four or five copies to provide for the various state offices and businesses that require an actual copy.
