The answer to the often-asked question “Can a house be sold while it is in probate in ?” is “Yes.” But you must adhere carefully to your state’s pertinent rules and regulations. The probate court will monitor every step and all aspects of the sale, and if you’re the executor, you, too, must monitor and […]
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If you’ve suddenly inherited a house, you may not be prepared for the questions and issues that can arise. And if you make the wrong decisions, you will likely encounter financial, emotional, and family problems before long. Forewarned is forearmed, they say, so here’s some of what can go wrong when you inherit a house […]
Probate is simply the process of administering a decedent’s estate. Most of us have heard the stories about how long and headache filled the probate process usually is, and we dread it when we actually have to face it. The reality, though, is that done right, the probate process for a house in can be as simple […]
The tax consequences when selling a house inherited in can be hard to understand and untangle much of the time. The relevant laws may seem fairly simple at first glance, but they get complicated when you factor in all the legal conditions and nuances. The short version is that if you made gains, you’ll owe […]
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