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...
READ MOREI Inherited a House, Now What?
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...
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