An inheritance by either a wife or her husband is not the property of the other. An inheritance is the sole property of the beneficiary who inherited it.
An inheritance by either a wife or her husband is not the property of the other. An inheritance is the sole property of the beneficiary who inherited it.
An inheritance by either a wife or her husband is not the property of the other. An inheritance is the sole property of the beneficiary who inherited it.
An inheritance by either a wife or her husband is not the property of the other. An inheritance is the sole property of the beneficiary who inherited it.
That will usually work. See related question link.
The purpose of providing good faith money in real estate transactions is to show the seller that the buyer is serious about purchasing the property. It demonstrates the buyer's commitment and helps secure the deal by providing a financial incentive for both parties to proceed with the transaction in good faith.
if the wife owned a home prior to marriage and the spouse signed non vested spouse. does the home still belong only to the wife.
Escrow is a neutral third party that holds funds and documents during a real estate transaction, while earnest money is a deposit made by the buyer to show their commitment to the purchase. Escrow is used to protect both parties and ensure a smooth transaction, while earnest money is a way for the buyer to demonstrate their seriousness about buying the property.
What that means is you both own the house, but only you are responsible for repaying the debt. All the owners of real estate must sign the deed in order to transfer ownership. You cannot transfer your husband's interest. He must sign the deed and he will receive half of the net proceeds unless you make a different agreement in writing.
Executors do not get the money, it goes to the estate. The executors distribute the estate per the will or laws of intestacy.
That will usually work. See related question link.
You should have a contingent beneficiary,if not you need one. That would be someone who receives the money if the primary is not alive. If none is listed it goes to the estate,
is there any grants that will help me bury my husband ,? he is dieing and we have no money or insurance , I am disabled and so is he , we are both on SSD, we have no where to turn .
If the mortgage isn't paid the lender will take possession of the property by foreclosure. If you signed the mortgage then you are responsible for paying the debt on your husband's property. You need to consult with an attorney about having your husband's estate probated. If you're not on the deed the property is part of his estate and his estate must be probated in order for title to pass to his heirs.If the mortgage isn't paid the lender will take possession of the property by foreclosure. If you signed the mortgage then you are responsible for paying the debt on your husband's property. You need to consult with an attorney about having your husband's estate probated. If you're not on the deed the property is part of his estate and his estate must be probated in order for title to pass to his heirs.If the mortgage isn't paid the lender will take possession of the property by foreclosure. If you signed the mortgage then you are responsible for paying the debt on your husband's property. You need to consult with an attorney about having your husband's estate probated. If you're not on the deed the property is part of his estate and his estate must be probated in order for title to pass to his heirs.If the mortgage isn't paid the lender will take possession of the property by foreclosure. If you signed the mortgage then you are responsible for paying the debt on your husband's property. You need to consult with an attorney about having your husband's estate probated. If you're not on the deed the property is part of his estate and his estate must be probated in order for title to pass to his heirs.
A wife can sign a real estate contract for her husband if he grants her a power of attorney just like anyone else. What varies by state is the repercussion of a wife signing a contract on her own. In some states the catch phrase is it takes one to buy and two to sell. A wife can purchase real estate on her own and her husband is liable. However, when a married couple sells real estate, both parties must sign the real estate sales contract for it to be enforceable.
The biggest advantage to both the husband and wife working is the amount of money coming into the home. There will be more money to set back for the kids college, retirement, and entertainment.
Money is held in a special account by a 3d party until both parties satisfied and then released-like a real estate deal.
You have misstated the situation. Your "daughter-in-law's" status in this situation is as the surviving spouse and the administrator of the estate. She has superior rights in both capacities. Your question should be more accurately stated as, "Does a widow have any rights to property when she is administrator of her husband's estate?" The simple answer is, of course.As the surviving spouse she is entitled to all or part of her husband's estate under the provisions of the laws of intestacy in her jurisdiction if he had no Will. She is entitled to a share even if her husband devised his property to others by his Will. Jointly owned property would automatically pass to her outside of probate.As the court appointed administer of his estate she has the authority to choose an attorney to represent the estate, to settle his estate according to law and distribute the assets after the debts have been paid.
When both parties sign the buy sell agreement and earnest money is in escrow.
If you both own the real estate- yes. If you are the owner the bank may want your husband to co-sign.
The real estate agent is the person who collects a commission on the sale of the real estate not the estate representative (executor/administrator). Generally a person who fills both roles, attorney for the estate and executor, can charge for both services.