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Probate Secrets Every Homeowner Should Know!

Norm dives into the crucial intersection of *estate planning* and *real estate law**. Learn essential tips for **settling an estate* and understanding *wills**, ensuring a smooth process for your loved ones. Plus, gain insights into **family law* and the importance of a **power of attorney**.


Inheriting Real Estate? Here's EVERYTHING You NEED to Know! ☝🏼🤓

If you’ve recently inherited a home or want to protect your family’s future, this interview breaks down everything you need to know about estate planning, probate, and inherited property in Virginia — in simple terms.

Whether you’re a homeowner, heir, or just planning ahead, this video will help you understand how to avoid costly mistakes and ensure your real estate aligns with your estate plan.

About the Experts:

Norm Odeneal is a licensed Keller Williams Realtor® in Virginia. With over 21 years of experience as a real estate veteran, he specializes in helping families downsize, sell homes, and transition into new communities with ease.

Kathryn Swain is an associate attorney at McCandlish Lillard practicing in the areas of estate planning, guardianships/conservatorships, estate administration, and elder law. Kathryn works primarily in the firm’s Fairfax office and represents clients across Northern Virginia. Contact her at: (703) 934-1111 or [email protected]

Join Norm and Kathryn as they address the questions homeowners often overlook:
0:00 Introduction
0:55 What’s the difference between estate planning and probate?
01:38 Why is it important to talk about these things before a crisis or passing?
02:29 What’s the first legal step someone should take after inheriting a home in Virginia?
03:30 How long does it usually take to confirm that the property transfer went through?
04:30 How long does the probate process typically take?
05:26 During probate, can the heir or executor get the authority to sell the property?
07:12 If there are multiple heirs or siblings, does that slow down the process?
08:14 What are some common challenges families face when selling an inherited home?
10:57 What’s the biggest mistake people make when handling real estate through an estate?
11:58 What should heirs, administrators, or executors know about capital gains and stepped-up basis when selling?
14:30 How does the probate timeline affect when a home can go on the market?
15:30 What documents should people have ready to make things easier for their family later?
18:17 What’s the difference between a trust and planning by will?
21:14 If a property passes through a trust and then gets sold, does the stepped-up basis still apply?
21:54 If a home is already in a trust and you want to refinance later, does that make things complicated?
23:03 How can a realtor and estate attorney work together to protect a client’s home and estate plan?
24:44 When should someone call an estate or probate attorney, and what should they have ready?
27:39 What’s the typical cost to set up an estate plan or handle a probate case?
28:54 What are a few red flags that a probate case might become difficult?
30:26 What’s your advice for someone who wants to get their affairs in order but doesn’t know where to start?
31:03 What’s one thing you wish every homeowner knew about estate planning?
31:43 How can people find or choose a qualified estate attorney?
32:29 What’s the best way for people to reach Kathryn Swain?
33:58 What’s the best way for people to reach Norm Odeneal?

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Questions, concerns, hallucinations about real estate? Call Norm!
📞 (703) 587-0945
✉️ [email protected]
🌐 www.CallNorm.com

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→ https://callnorm.com/resources

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