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you should get a PRD drafted as soon as
possible in the probate process you
cannot get one drafted before the
probate process because it’s a deed that
has to be done in Probate but you don’t
have to wait until the end of the
probate process a lot of people think
you have to wait until the six month
deadline for probate and then you can
start transferring property and that’s
just not true a lot of times uh you know
if there’s a sale or you’ve got a buyer
on the hook and you don’t want to lose
the sale we can get that personal
Representatives D done pretty quickly
after you’re appointed and then we can
hold that money until the end of the
probate when it’s distributed just in
case there’s any creditors or anything
like that
Northglenn, CO estate planning & probate attorney Jeff Althaus discusses when and why you should you get a PR deed drafted. He explains that it is advisable to have a Personal Representatives Deed (PRD) drafted as soon as possible during the probate process. While you cannot have one prepared before the probate process begins, you don’t have to wait until the end of the process either. Many people mistakenly believe that they have to wait until the six-month deadline for probate before they can start transferring property, but that is not true. In certain situations, such as when there is a potential sale and you don’t want to lose the buyer, we can expedite the process of getting the PRD done once you are appointed as the personal representative. This allows us to secure the funds from the sale and hold them until the end of probate when distribution takes place. This precaution is taken to account for any potential creditors or other obligations that may arise.