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An Overview of Real Estate in Probate

When someone passes away, their assets, including real estate, may go through the probate process. In Oklahoma, probate ensures that a deceased person’s property is properly distributed according to their will or state law.

The laws that govern real estate matters during the probate process are nuanced. The Tulsa probate attorneys at Helton Law Firm have amassed decades of experience in guiding those in Tulsa and throughout Oklahoma through this process. Our team of probate lawyers is here to help ensure probate goes as smoothly as possible for you and your loved ones.

When Does Real Estate Go Through Probate in Tulsa, Oklahoma?

All real estate must go through probate, regardless of the value, when it is solely owned by the deceased and no designated beneficiaries are listed. This can include homes, land, or any other property that was not included in a trust or covered by a Transfer on Death (TOD) deed.

Contact an experienced Tulsa probate lawyer for help with navigating this process.

Avoiding Probate For Real Estate Property

To help prevent real estate from passing through the probate process, there are two primary methods:

  • Trusts: Establishing a trust allows you to designate beneficiaries for your real estate. This can keep the property out of probate and facilitate a seamless transfer to your heirs. Trusts also offer privacy, as they do not require court involvement. Our experienced wills and trusts attorneys in Tulsa can explain trusts in more detail for you.
  • Transfer on Death deeds (TOD Deeds): A TOD deed, also known as a beneficiary deed, allows the property owner to name a beneficiary who will receive the property upon their death. A TOD deed is simpler and more cost-effective than establishing trusts. However, trusts can offer more extensive protection for your assets.

A skilled Tulsa estate planning lawyer at Helton Law Firm can help you weigh the advantages and disadvantages of each option.

Call Our Tulsa Probate Lawyers Today To Protect Your Assets

Navigating probate or planning to avoid it can be complex. Our probate attorneys are here to guide you through different strategies that protect your real estate and other assets, ensuring they are passed on to the right people. Call our team of probate lawyers in Tulsa at (918) 928-7104 or fill out our online contact form to secure peace of mind and professional representation.

Probate