Inheriting a House with a Mortgage
Many people want to pass on the family home to their heirs. However, since few of us have the means to buy a house in cash, that can mean inheriting a house with a mortgage. As an heir, you may…
Do All Heirs Have to Agree to Sell a Property?
For many families, real property is the largest part of an estate. Usually, it is the family home. Some heirs may want to sell, while others may want to keep the property intact. That can be difficult for those who…
Probate Process, Steps, and Timeline
When a person dies, their estate may or may not have to go through the process of probate. Probate is the official process of proving a will and winding up the estate. Depending on the size and complexity of the…
How to Get Estate Loans Quickly
If we believe what we see on TV or in the movies, then as soon as someone dies the heirs get access to the money in the estate. In reality, the process takes much longer than that. The estate needs…
Probate Loans: Should You Get an Advance on Your Inheritance?
You may find out from a heartbreaking situation that an inheritance is coming your way. This bright light in the darkness of death can make life a little or a lot better. But you often have to wait a very…
Inheritance Advances – How It Works
Finding out a loved one is gone is heartbreaking. But often they thought about you and decided to send some of their monetary possessions your way, as a parting gift. We know this as an inheritance. Most Americans struggle with…
What Is the Difference Between Estate Tax and Inheritance Tax?
Although many people use the terms interchangeably, inheritance tax and estate tax are not the same thing. Estate tax is a tax on the total amount of a deceased person’s assets. Those assets are referred to as the estate. Inheritance…
Choosing a Good Inheritance Funding Company
With the passing of someone who has you in their will, you will be expecting an inheritance to come to you soon. However, sometimes the inheritance can take a while. Whether it is due to paperwork or processes that cannot…
Will I Inherit My Parents’ Debt?
A death is always heartbreaking and often sudden. Usually, it throws your world up over its head, especially if it involves your parents. Almost everyone knows their parents’ spending practices pretty well, so the passing of one may become a…
How Much Is Inheritance Tax?
When you hear people talk about estate planning, one of the top concerns is avoiding taxes. However, the vast majority of people will never have to deal with an inheritance tax. The term inheritance tax actually refers to two types…