Title vests immediately in the devisees and heirs of a decedent, subject to being divested through a probate administration.  This session provides an overview of the probate administration process, and specifically an executor or administrator’s power to sell real property.  Additionally, the session will include a discussion of:

• Types of probate administration
• Bona Fide Purchaser status
• Power of Sale in an Independent Administration
• Four Step sale in a Dependent Administration
• Affidavits of Heirship and Small Estate Affidavits
• Ancillary probate of a foreign Will
• Classification of creditor claims
• Homestead protections for a surviving spouse
• Medicaid Estate Recovery Program (“MERP”)
• Transfer on Death Deeds

Presenter:

Kelly W. Strickland Underwriting Counsel| Southwest Region, Old Republic National Title Insurance Company

Pricing:

Member $40
Nonmember $54

CE Credit:

1.0 Escrow Credit (expires 4/24/20) Review TLTA's new reporting procedures for escrow officer CE credit
1.0 MCLE Credit (expires 9/30/19)

Advanced:  For those with more experience on topic and/or the title industry. May include in-depth coverage, examples and/or highly detailed information. For more information on TLTA’s webinar grading information, click here.

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