A death in the family makes for a difficult time no matter the circumstances. While mourning the loss of a loved one can have a huge emotional impact, it can be made even more challenging when there is inheritance involved. If you have recently lost a family member and are inheriting a house, it...
READ MOREWhat to do with an Inherited House
So, you’ve recently inherited a house-now what? Inheriting a home can be an emotional and stressful endeavor, especially if there are multiple family members involved. There are a few routes available, depending on what works best for you and your family. Due to the tax and mortgage status of the inherited house, some options...
READ MOREIs Selling Parents House to Pay for Care Necessary?
Question: My parents own their house outright, but would like to know if it could be owned in four names – that is, those of my parents and their son and daughter (me) – I do understand that we would need to change the deeds and we would incur a cost for doing so. They...
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