{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Tennessee Real Estate Insider","title":"Navigating the Probate Process in Real Estate with Derek Malcolm","html":"","width":"100%","height":180,"duration":1026,"description":"Summary\nIn this episode of Tennessee Real Estate Insider, host Allyson Spencer and probate expert Derek Malcolm discuss the intricacies of selling a home during the probate process. They cover the basics of probate, the different types of probate processes, timelines involved, and the importance of understanding wills and heirs. The conversation also touches on proactive planning for property transfers before death and the potential tax implications of such decisions.\nTakeaways\nProbate is the process of administering someone's estate after death.\nTennessee has a relatively straightforward probate process compared to other states.\nThe type of probate needed can vary based on whether there is a will.\nA full probate can be avoided in many real estate cases.\nThere are specific timelines to consider when selling property after death.\nCreditors have a year to file claims against the estate.\nCourt approval may be necessary for certain property sales.\nAll heirs must sign documents for property listings under probate.\nTransferring property before death can have tax implications.\nConsulting with legal and financial professionals is crucial for estate planning.\nResources:\nContact: https://www.greaterimpactrealty.com/agents/1226455/Allyson+Spencer\nPodcast: Tennessee Real Estate Insider\nEmbark on your home buying journey with the valuable insights provided in this episode. Be sure to listen to the full episode of Tennessee Real Estate Insider for expert advice and practical tips. Stay tuned for more engaging discussions and real estate insights from Allyson Spencer.","thumbnail_url":"https://img.transistorcdn.com/1902tZ95SGCOJeHMR15TWGl5iZhPHq4WAs_J_tQgBK4/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9jYzJl/NzkzN2I0ZDdkMDZk/MTUwYzBlYTJhN2Q3/YjY5Ni5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}