In order for the title to the property to pass to the heirs legally, at least one parent's estate (the last to die) must be probated. If there was no will then a member of the family must petition the court to be appointed the administrator. You should consult with an attorney who specializes in probate who can review the situation, determine how your parent's held title to their property and advise you on what legal proceedings must be undertaken.
The bank will take possession of the property by foreclosure. If the mortgage is in the deceased parent's name it will not affect anyone's credit.
I have paid delinquent taxes and maintenance on my deceased great -grandmother's property for seventeen years. She did not have a will. Can I file an adverse possession for the title on the property, in the state of Texas?
Generally the property passes to the surviving spouse according to the state laws of intestacy. You can check the laws for Arkansas at the related question link provided below.
Is Oklahoma a communith property state. Does a man who has grown children have to split what little he has with them or can he leave his wife everything?
The wedding ring is the property of the person who it was given to. If the deceased wife had it in her possession when she died, then it will form part of her estate and go to her heirs.
No, it does not give them any additional rights to the property. They must execute the will as written, or as directed by the court. Anything else would be a breach of duty.
Only the guardian can sell, or the children when they are 18+.
In Texas, if a person dies without a will, their property will be distributed according to intestacy laws. This typically means that the property will pass to the surviving spouse and children in varying shares depending on the family situation. If the deceased had no spouse but had children, then the property would likely pass to the surviving children.
That will depend on the names on the property deed or registration. If we are talking about gifts of electronics or other items, there is none. If it is a piece of real property (land or house), the deed will control. If the only name on the deed is that of the deceased, the adult children have no say and the deceased can do what they wish with it.
If the sister-in-law is the wife of the deceased husband and the property was signed over to him before his death, then she may have an interest in it that give her a right to seek possession of it. If the sister-in-law is the sister of the husband who is now deceased, then the specifics of the property transfer and of the husband's will, among other things will determine whether she has any rights to the property. Consult a lawyer who is licensed to practice where the property is located.
The debt must be paid by the estate. If that's not possible and the children want to keep the property they must ay the mortgage. If the mortgage isn't paid the bank will take possession of the property by foreclosure.The debt must be paid by the estate. If that's not possible and the children want to keep the property they must ay the mortgage. If the mortgage isn't paid the bank will take possession of the property by foreclosure.The debt must be paid by the estate. If that's not possible and the children want to keep the property they must ay the mortgage. If the mortgage isn't paid the bank will take possession of the property by foreclosure.The debt must be paid by the estate. If that's not possible and the children want to keep the property they must ay the mortgage. If the mortgage isn't paid the bank will take possession of the property by foreclosure.
I can't opine on Oklahoma law, but OK is not listed among community property states, and community property states would typically be the only ones where the surviving spouse who is not a co-debtor (or even an authorized user) would be on the hook.