Welcome to Trust Stratton, the leading Probate Real Estate specialists in Miami. Our team of experienced professionals is dedicated to helping you navigate the complexities of probate and estate administration with ease and confidence.
With a strong foundation in our core values of grit, synergy, excellence, and accountability, Trust Stratton offers personalized 1-on-1 mentorship tailored to your unique probate court and estate planning needs.
Probate real estate refers to the process of handling a deceased person's assets, including their property, which may need to be sold or transferred through probate court.
WORKING TOGETHER
Streamlines complex probate court processes for efficient asset management.
Provides expertise in property valuation, tax compliance, and debt settlements.
Reduces stress by simplifying the intricate probate process.
Offers reliable solutions for managing diverse estate assets, including luxury properties.
We offer a range of probate real estate services, including sales, appraisals, planning, investing, property evaluation and management, court confirmation, and litigation support.
Probate Real Estate Sales
Navigating the probate real estate sales process can be a daunting task for anyone, especially during an emotionally challenging time. The Stratton team's expertise in this field eases the burden for executors and beneficiaries by efficiently managing every aspect of selling probate properties.
With comprehensive knowledge of Miami and Fort Lauderdale markets, we understand what attracts white-collar professionals seeking investment opportunities or prime residences.
We help you by handling the process from A-Z with our suite of vendors, such as locksmiths, electricians, home clean-up, staging, you name it! We handle the whole process.
Probate Real Estate Appraisals
We provide accurate and comprehensive real estate appraisal services for probate cases in Miami and Broward. Our team of experienced appraisers ensures that all valuations are conducted ethically, objectively, and in compliance with industry standards. We can also provide a broker’s opinion of value.
We thoroughly evaluate market value based on factors such as replacement cost, location, amenities, building condition, income approach, and 180-day comparable sold data. Additionally, we specialize in providing appraisals for complex estates with multiple properties or assets.
Our probate real estate appraisals offer invaluable information to help clients make informed decisions about their assets.
Probate Real Estate Planning
Probate Real Estate Planning involves the management and distribution of property assets after a person passes away. It is a vital aspect of estate planning that ensures the lawful passing on of properties to their intended beneficiaries.
Probate Attorneys can help create plans that take into account all possible situations, including drafting wills and establishing trusts.
At Stratton, our experienced team helps clients with comprehensive Probate Real Estate Planning services in Miami. We understand the importance of having a solid plan for your assets and are committed to helping you achieve your goals while ensuring transparency and ethical business practices throughout the process.
Estate Planning And Management
Estate planning and management is an essential aspect of probate real estate. As a white-collar professional, it's crucial to have your assets in order and ensure that your beneficiaries receive the intended benefits when you're no longer around.
Estate planning involves creating wills, trusts, and other legal documents that outline how you want your assets distributed after death.
At Stratton, we take pride in providing comprehensive estate planning services tailored to meet our client's unique needs. Our team has extensive knowledge in drafting legal documents required for property transfer according to Florida state laws.
We'll help you determine the best way to manage your properties and create a plan that ensures maximum benefit for yourself while still taking care of loved ones even after death.
Property Evaluation And Sales
Our team understands the importance of accurately evaluating properties and strategically selling them in probate real estate planning.
We have extensive experience working with properties ranging from waterfront condos to high-end townhouses in the Miami and Fort Lauderdale markets. Our thorough market analysis enables us to determine fair market values for each property, ensuring that our clients receive optimal returns on their investments.
1031 Exchanges
As part of our probate real estate services, we offer 1031 exchanges to help investors defer capital gains tax when selling their rental property. This IRS code allows for the exchange of one investment property for another without immediate tax consequences, but it comes with strict regulations and deadlines.
Our experienced specialists can guide you through the process and ensure that you are compliant with all requirements. For example, if you sell a rental condo in Miami Beach and use the funds to purchase a waterfront townhouse of equal or greater value in Fort Lauderdale within 180 days, you can defer and avoid paying the capital gains taxes resulting from the sale of the condo.
This strategy can be highly rewarding for those who want to reinvest the capital into higher-yielding income-producing real estate or diversify their portfolio without losing money on capital gain taxes.
Don't settle for less when it comes to managing your assets.
Our services are personalized to fit your needs—from property evaluations and court confirmation to litigation support. We maintain open lines of communication at every step so that you remain informed about your case.
Our team comprises experienced professionals who can handle everything from estate planning and management to handymen, licensed electricians, property evaluation and sales, as well as court confirmation and litigation support.
We take pride in being transparent and ethical in all of our probate real estate services. We believe that every client deserves to be understood and cared for in their best interest in all aspects of negotiation and hiring of services.
We take pride in being responsive and transparent, promptly addressing any questions or concerns our clients may have. Before crafting a tailored solution that aligns with our client's goals, we first understand their unique needs, preferences, and objectives through a consultative approach.
We are here to fully support you in enjoying your dream investment property and lifestyle.
Broker
Realtor | Probate Advisor
Probate real estate involves properties that belong to a deceased person's estate, which must undergo the legal procedure called probate before being distributed among beneficiaries or transferred to new owners.
This process is crucial for ensuring a smooth and lawful transfer of property ownership while addressing any outstanding debts, taxes, or claims against the estate.
During the probate procedure, an appointed personal representative or executor fulfills various duties such as managing assets and settling financial obligations. They also work with relevant parties like attorneys and real estate agents to sell or distribute properties according to the decedent's last will (or state laws in case there isn't one).
Got a question? We’re here to help.
Probate real estate refers to property that is being sold after the owner has passed away, and it must go through a legal process called probate in order for ownership to be transferred.
The probate process can add additional time and complexity to the sale of a property, as court approval is required before any sale can take place. Additionally, an executor or administrator may need to be appointed by the court before they are authorized to sell any assets held in the deceased’s name.
One advantage is that the assets likely underwent a considerable amount of appreciation. The disadvantage is the tough emotional distress of distributing the belongings of a beloved relative.
While not required, it may be beneficial for buyers and sellers alike to work with agents who have experience handling transactions involving probate real estate due to their specialized knowledge and understanding of applicable laws and procedures involved in this type of transaction.
In Florida, a letter of Administration is a legal document issued by a probate judge which identifies a personal representative or executor appointed to perform on behalf of the decedent’s estate.