Note: BCP Real Estate is not a law firm and its employees/owners are not acting as your attorneys. This is provided for educational purposes only and is not legal advice. The following is an illustrative, composite example, not a real client, and any names are fictional. It does not describe or promise any particular outcome.
Meet a woman we’ll call Della. She inherited a share of a relative’s property, and a tax lawsuit followed. Someone warned her about a long probate process. Della dreaded the cost and the wait. So she hoped to avoid probate and still get out of the lawsuit.
At first, probate sounded unavoidable. After all, the estate was never settled. Still, she did not want a lawyer or a court fight. Then she learned she could often avoid probate for her own share.
How Della helped avoid probate
Della’s share passed to her under Texas law when the owner died. So she could often sell her portion without finishing probate first. Instead of waiting on a court, she let a buyer take over her portion. Then the buyer helped document the ownership. After that, the buyer removed her name from the lawsuit. Because of that, Della skipped the long process she feared.
Even better, the deal cost her nothing. Meanwhile, her relatives kept their own shares. Also, Della signed from home, which kept it simple.
In the end, Della managed to avoid probate and still step out. She owed nothing afterward. Now she carries no liability for the property, the taxes, or the lawsuit.
What this story shows:
You can often avoid probate to sell your own share, since it passed to you by law.
A buyer helps document ownership, takes the taxes, and removes your name, at no cost to you.
If you want to be bought out of the lawsuit and have your name removed, no cost to you, call or text us at (469) 708-8003 today.
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