Can a Beneficiary Stop The Sale Of a Property?

Beneficiary Stop The Sale Of Property

It is one of the most important questions asked about the sale of assets. Can a beneficiary stop the sale of a property? The short answer is “no” but it’s never that simple when it comes to inheritance and probate laws. There are situations where a beneficiary can stop the sale and challenge it in […]

What Happens To A Mortgage When Someone Dies?

What Happens To A Mortgage When Someone Dies

When you die, someone has to keep up your mortgage payments. This means that the executor of your estate will first utilize your significant assets, other assets, or proceeds from life insurance to pay off your creditors before passing them on to your heirs. Mortgage debt, on the other hand, necessitates a different approach. Nobody […]

What to Do If You’ve Inherited Real Estate in California

Inherited In California

Losing a loved one is hard enough. Dealing with their debt afterward is stressful. Most people who take a mortgage to buy a home don’t expect to pass away before paying it off, so what happens when this is the case? The mortgage doesn’t disappear just because the borrower dies. That may leave you, the […]

Probate Real Estate 101: All You Need to Know

Probate Real Estate

Real estate probate refers to the legal process that must occur after a homeowner passes away. We’ve helped over 1,500 people that have inherited real estate get their money faster during the probate process and we decided to share what we found. When a property is in probate, it is either sold or the ownership […]

Can a Sibling Sell Inherited Property?

Sibling Sell Inheritance

If you are reading this, more than likely you have just entered into probate and have a lot of questions. This is very common, and you are doing your part to better educate yourself on this journey. In this article, we are going to cover the common question of “Can Siblings Force The Sale of […]

Are You Required To Pay Estate Tax on Real Estate You Inherit?

Estate Tax

Real-estate is not just a common type of asset, it also passes from one generation to the next through inheritance. Whether you are inheriting property or trying to pass your property down to a chosen beneficiary, know that there are basic tax implications associated with the probate process. Estate and inheritance taxes are notoriously complicated, […]

What Happens if You Inherit a House With a Mortgage

Inheritance-Mortgage

Inheriting a home through probate can be tricky. Will you be assuming a mortgage on the home? Are you required to pay an estate tax on the sale of the house? Do you qualify for an exclusion? Do the new step-up in basis laws pertain to you? For all of these questions, it’s important to […]