Also, would a majority ownership share rule?
answered on Sep 21, 2020
Each owner in a joint ownership situation would have a say. If there is a disagreement, then ultimately you need to seek a partition action to force a sale.
My uncle died in Aug 19 leaving his assets divided into 4ths among me, my brother and cousins. My father is the executor and we are estranged. My 25% was put in a trust with my father as the trustee. My father did not tell me of my inheritence I only received life insurance. He seems to be dragging... View More 
answered on Jul 6, 2020
It's sometimes difficult to know how to handle delicate estate situations. As a beneficiary of a trust, you have the right to review the trust itself and receive periodic accountings. I would start there and see what information you get. Hopefully, you will not need to involve the courts in... View More
answered on Jun 1, 2020
If the sum total of the Estate is only $90,000, then you are well under state and federal thresholds for estate tax. There are several other fees you may have to handle - probate fees, capital gains, income tax, all depending on the nature of the assets in the estate. Please consult a qualified... View More
My mom also passed he had bo will she did
answered on Apr 7, 2020
It depends on how the land is titled. If there are say 3 people who own property, they can own it as either joint tenants with right of survivorship, or as tenants in common. If the former, the person last alive will own 100% of the property. If the latter, then we would need to open a probate... View More
I live in Maryland so I know I would need to go through probate court. Our parents are deceased and she had no children. If granted by the judge would the lender just let me assume the mortgage or would the check my credit and make me refinance. I really want the house to stay in the family but I... View More
answered on May 7, 2019
Actually, you would not need to assume the mortgage. There is a federal law called Garn St. Germain that allows you to retain the property as an inheritance without the lender accelerating the debt under its due on sale clause or performing any other underwriting. Obviously, each estate is fact... View More
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