Unpaid Home Loan Reader wants her fair share after siblings failed to repay loans to mother's estate Q: My mother told me directly that the home loans my sisters and brother received from her would be taken out of their inheritance. My mother passed away 10 years ago. I just found out that my siblings [...]
Unpaid Home Loans Reader wants her fair share after siblings failed to repay home loans to mother's estate Q: My mother told me directly that the home loans my sisters and brother received from her would be taken out of their inheritance. My mother passed away 10 years ago. I just found out that my [...]
Estate Plan Mistake Q: I'm wondering if my husband made an estate plan mistake. He died without a will. We have one son and when my husband passed, my son and I signed an agreement that said if I sold any of the properties, we’d both need to agree to the sale. When I sold [...]
Multi-Generational Living: Is This a Good Idea? Q: I read your article on multi-generational living and found it incredibly interesting. My family and I are planning a similar multigenerational living arrangement by adding onto my parents’ house. We are located in Colorado and hoping to find both a financial advisor and a real estate attorney [...]
Our estate plan is a will. Is that enough to make sure our son inherits? Q: I read about people putting their home in trust to avoid probate. Our estate plan is a simple will. Our house and everything we own, including our money and personal effects, is left to our son. I thought that [...]
Trusts: How to Handle a Home in a Trust Q: My mom's home is in a trust. She passed away towards the end of last year. She lived in the home for over 20 years. Her trust lists her six grandchildren as the beneficiaries of the trust. We’ve found a buyer for the home who [...]
Property Rights Under a Conservatorship: Are there any? Q: A conservator has taken over my aunt's house that I have lived in for almost 30 years. I had power of attorney for 20 years but my name has never been on the deed to the home. The home has a $10,000 mortgage on it. If [...]
Settling an estate, condo sale and debts. These are the issues this family is facing two years after their son's death. What would you do? Q: My single son died two years ago. He had no children. His only assets were his condominium and the money he had in his 401(k) plan. His condo is [...]
What if I have no heirs? A reader doesn't love his family enough to leave them his assets. Now what? Q: What choices are there for a person with no immediate heirs, who doesn't want the house and other assets to go to the cousins? Who or what can inherit? What happens if a person [...]
Should parents split an inheritance equally? Not always. There are many reasons why you might not want to treat all children equally. Read more: Sign up for my Love, Money + Real Estate newsletter. Should parents split an inheritance equally? One of our readers sent in this question: Q: My mom is in her 90s, [...]
