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What else can I help you with?
Do you have to pay capital gains tax on your deceased fathers house when you sell?
Do you have to pay taxes on deceased mother's house when it sells
Do you have to pay taxes on selling your deceased fathers house?
That is the question !
Can you get homeowners insurance if the owner of the house is deceased?
Yes, The Heirs can buy the policy or the Estate executor can buy a home insurance policy.
Why would someone have to put a house in probate to inherit it?
Putting a house in probate is necessary after the homeowner passes away if there is no living trust or co-owner named. This legal process ensures that the deceased's assets, including the house, are distributed according to their will or state laws. Probate is required to transfer the property title to the rightful heirs or beneficiaries.
Grandmother left her house to our deceased parent and her two other children do we inherit the interest of our deceased parent?
Generally, yes. You and siblings would receive your deceased parent's share UNLESS your grandmother's will specified that if any of HER children were deceased then their share would go to THEIR surviving siblings. You should have received notice of the probate proceeding as heirs at law. Title to the house will not pass to the heirs until the estate has been probated. You should call the attorney who is handling the estate to ascertain what your interest may be.
Your grandmother is deceased how do you transfer the house into your name?
You may need to consult with a probate lawyer to file the appropriate paperwork to transfer the property into your name. This process typically involves obtaining a legal document such as a deed or title to officially transfer ownership. It's important to follow the legal requirements in your area to ensure a smooth transfer of the property.
Who inherits the house when a spouse dies if there is a will in NC?
In North Carolina, if there is a will, the house will be inherited according to the terms specified in that will. The deceased spouse can designate a specific heir or heirs to receive the property. If the will does not explicitly mention the house, it may be included in the overall estate, and the executor will distribute it according to the will's instructions. If the deceased did not have a will, the house would be distributed according to North Carolina's intestacy laws.
What will foreclosing bank do with house contents when owner is deceased and no heirs?
I would assume the Public Trustee or the Bank would have to auction the goods off either with or separate from the house and the proceeds would go towards repayment of the loan.
How can you remove family members from deceased grandmothers house?
The grandmother's estate must be probated so that title to the real estate can pass to the heirs. Then the legal owners can have any trespassers removed from the premises.
Can you inherit a house with no will?
Yes, if someone passes away without a will, their property will be distributed according to state law through a process called intestate succession. This means the house would be inherited by the deceased person's heirs as determined by the state's laws of intestacy.
When the deceased only has a house value 145000 there are NO other assets her son is the executor and the house is to be split half and half with his daughter does he need to obtain probate?
Yes. The estate must be probated in order for title to the real estate to pass to the heirs legally.
Does medical debt die with the patient?
In general, no - the medical debt is included in the estate of the deceased. Therefore, if the deceased has any assets (house, car, jewelry, etc.), these items would be sold and the proceeds would have to pay off the outstanding debt prior to any heirs collecting the money.
