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You keep it, sell it or give it to someone else. In any case, the estate must be probated in order for legal title to pass to you, then you can do whatever you want with it. No one can tell you what to do with it since they don't know you, your circumstances, where you live or anything else about you.
What else can I help you with?
Can your sister continue to reside in a home that was bought for her by our deceased father if he willed it to her and he was the only mortgage holder?
Provided the estate is solvent, she should be able to obtain the title to the home, subject to the remaining mortgage. She can remain in the home, but will have to satisfy the finance company's lien on the home through a new mortgage or paying it off. There may be additional clauses in the will directing that the mortgage be paid off by the estate. The executor of the estate, or their legal counsel, will be able to answer these questions.
Can a 401k be willed to an heir?
No, a 401(k) cannot be willed to an heir because it bypasses the probate process. Instead, 401(k) accounts typically have designated beneficiaries, and the assets are transferred directly to those individuals upon the account holder's death. It's important for account holders to keep their beneficiary designations updated to ensure their wishes are honored.
If you are one of four beneficiaries of a willed property can you sell your share of the estate to a lender?
Unless the title transfer had restrictions on it, such as a survivorship clause, yes, it can be sold.
Grandmother willed you money how do you get it?
Depends on where the loot is. Usually, simply presenting a certificate of death and your power of attorney and/or a copy of the will to the bank will get the job done. If the money is a huge pile, a lawyer might be the way to go.
What should I do with my dead father's house he left a mortgage on the house?
Unless you were a co-signer or legally part of the purchase process on either the house or the mortgage, you have no legal responsibility to pay back the mortgage in part or in full. If the house with the mortgage was willed to you, I would consult your family lawyer for help.
Can I sell my home if it is willed to another person?
If the person whom the house has been willed to has no problem with you selling it, I don't see why not.
Can you get insurance on a home that was willed to you?
Yes, If you are the owner of the home. you can certainly buy insurance for your property.
Can a home bought while married be willed to children of a previous marriage?
You can will anything you want to anyone you want.
What is the past participle of will?
The past participle is willed.
When was The Woman Who Willed a Miracle created?
The Woman Who Willed a Miracle was created in 1983.
How do you use strong-willed in a sentence?
It would be difficult to convince him as he was very strong-willed about things.
What is the duration of The Woman Who Willed a Miracle?
The duration of The Woman Who Willed a Miracle is 2700.0 seconds.
How do you say strong willed in Latin?
There are two options for translating "strong willed":obstinatuspervicax
What is the past tense of willing?
The past tense is willed.
How do you get a mortgage changed in my name if the home is someone else and they willed it to me?
Take a copy of the will - your birth certificate and the deeds of the property to a Soliciter and tell him what you want to do.
What does Alva mean?
alva means strong willed and sweet. alva means strong willed and sweet.
What is willed?
sixty nine
