A common misnomer is to refer to the person who you have designated to make legal decisions on your behalf as your “Power of Attorney”. The most Succinct way to refer to this person would be as your “Attorney in Fact”. The “Power of Attorney” only refers to the document needed to designate the person …
The seller is deceased. What happens now? First we need to determine if there is an open probate. Part of the process of preparing the title commitment includes running the seller’s name, looking for any possible probates, and other matters. If a probate has been opened, the commitment will contain …
Lack of Probate Affidavit Selling a property when a vested owner is deceased and there is no probate requires additional information in order for a title company to insure the sale. A Lack of Probate Affidavit is the first item a title company will require. This is usually completed …
A Transfer on Death Deed is a new method in Washington for leaving your real estate to a beneficiary without going through the probate process. Effective June 12, 2014 The Washington legislature created a new way for people to transfer real property to a designated beneficiary at the time of …
Substitute House bill 2539 The legislature finds that state and local real estate excise taxes apply to the sale of real property unless one of several statutory exceptions apply. The Legislature further finds that one such exception involves real property transferred as a result of a devise by will or …
