Navigating Legal & Tax

Selling Inherited Property Blog
Estate documents and a pen on a law office desk under the heading “Selling a House With No Will.”

Can You Sell a House When There Is No Will?

Yes, a house can usually be sold when there is no will, but not simply because the heirs agree to sell it.

Front of a house at sunset under the heading “Can Medicaid Take an Inherited House?”

Can Medicaid Take an Inherited House? What Heirs Need to Know Before Selling

If you recently inherited a house and the person who passed away received Medicaid benefits, you may be wondering: can Medicaid take an inherited house? The short answer is that Medicaid usually does not “take” the house automatically.

Modern commercial building at sunset under the heading “Inherited Commercial Property.”

Inheriting Commercial Property With a Mortgage: What Heirs and Executors Need to Know

Inheriting commercial property with a mortgage is very different from inheriting a house with a home loan. If you have inherited commercial property with a mortgage, the estate must review the loan documents, notify the lender, and assess the rent roll.

Estate papers spread across a living room coffee table under the heading “What to Do Now So Your Kids Don’t Inherit a Mess.”

What to Do Now So Your Kids Don’t Inherit a Real Estate Mess

Most inherited property problems are not caused by bad luck. They are caused by things that could have been handled in advance but were not.

Organized estate documents on a desk under the heading “Documents You Need to Sell Inherited Property.”

Documents You Need to Sell Inherited Property: The Complete Checklist

The title company, your attorney, your CPA, and the buyer’s lender will all request specific records before an inherited property sale can close. As a result, missing even one can stall the transaction for days or weeks.

Home entryway and living room under the heading “Ancillary Probate: What to Know Out of State.”

Out-of-State Property Probate (Ancillary Probate): What Heirs Need to Know

When someone dies owning real estate in a state where they did not live, a second probate proceeding may be required in the state where the property is located. This proceeding is called ancillary probate.