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You want to pass half of your property to your children what do you do?
Wiki User
∙ 14y ago
You should consult with an attorney who can review your situation, review your needs and determine what your options are. There may be tax consequences to that type of transfer. You need legal information particular to your state and to federal tax laws.
Wiki User
∙ 14y ago
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Should you have your co signers name removed from the title if you don't need one to renew your mortgage?
Yes, unless you want them to be a half owner of the property.Yes, unless you want them to be a half owner of the property.Yes, unless you want them to be a half owner of the property.Yes, unless you want them to be a half owner of the property.
Do I have a legal right to stop neighbors children from coming onto my property?
Yes, you do. Speak to the parents and explain that you do not want their children to use your property. If it continues then you should ask an attorney to draft and send a letter on your behalf. There are many reasons why a property owner may not want children on their property including reasons of liability, privacyand property damage.
How does one sell half of their property?
By describing the half they want to sell in a deed to the buyer. Seek legal advice.
My father died about 10 years ago and we did not realize that my mother is not on the deed. How do you transfer deed from a spouse who has died?
Your father's estate must be probated in order for title to his property to pass to his heirs legally. Title to his property will pass according to the laws of intestacy in your state unless he had a will that left the property to his wife. You need to contact an attorney to discuss your options. The wife and children may inherit an interest and the children would then need to convey their interests to your mother if you want her to become the sole owner.
What happens to mortgage debt when adult children acquire it?
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.
Do indian children wear school uniform?
yes they do because they want to pass
Why might a person make a decision not to have children based on information in the genome?
because they don't want to pass it on to their children
Why might a person make a decision not have children based on information in the genome?
because they don't want to pass it on to their children
Do children have rights in or to community property if father dies but mother is living?
You need to check your particular state laws. In a community property state each spouse owns a one-half share of the marital property. In some states a spouse can dispose of their interest by their will to someone other than their surviving spouse.Upon the death of one spouse state laws vary on intestate (without a will) inheritance. In some, the surviving spouse inherits their deceased spouse's share if there are children of the marriage. In some the surviving spouse receives only a half of that share if there are children by a former marriage. In Louisiana the share of a deceased spouse in community property passes to their estate if they had children but the surviving spouse can use the property until death or remarriage. If the deceased had no children the community property passes to the surviving spouse.People who own property in a community property state should consult with an attorney about estate planning. If you are a surviving child then you should consult with an attorney who specializes in probate law.
What happens to a mortgage if the owner has committed suicide has children but no will and no insuranace to pay off the mortgage?
If the mortgage isn't paid the lender will take possession of the property by foreclosure. If the children are adults and want to keep the property they should call the bank to see if they can arrange to assume the mortgage. If so then they will need to make the mortgage payments. Also, the decedent's estate must be probated so the legal title will pass to the heirs according to the laws in your jurisdiction.If the mortgage isn't paid the lender will take possession of the property by foreclosure. If the children are adults and want to keep the property they should call the bank to see if they can arrange to assume the mortgage. If so then they will need to make the mortgage payments. Also, the decedent's estate must be probated so the legal title will pass to the heirs according to the laws in your jurisdiction.If the mortgage isn't paid the lender will take possession of the property by foreclosure. If the children are adults and want to keep the property they should call the bank to see if they can arrange to assume the mortgage. If so then they will need to make the mortgage payments. Also, the decedent's estate must be probated so the legal title will pass to the heirs according to the laws in your jurisdiction.If the mortgage isn't paid the lender will take possession of the property by foreclosure. If the children are adults and want to keep the property they should call the bank to see if they can arrange to assume the mortgage. If so then they will need to make the mortgage payments. Also, the decedent's estate must be probated so the legal title will pass to the heirs according to the laws in your jurisdiction.
If one inherits land from their grandfather then they pass away does that land go to her spouse or children?
If the decedent died intestate, or without a will, that depends on the state laws of intestacy where the decedent lived or where the property is located if it's located in another state. On the other hand, if you are thinking of estate planning you should speak with an attorney who could help you make certain the property passes as you want it to pass at the time of your death.
Why did Harry Potter want children?
Most people want children. He loved Ginny, he is famous because he killed Lord Voldemort and he wants someone to pass down his honor and mischief at Hogwarts.
