Aiken Home & Gardens
Since most people own their houses and cross all of their property (actual and personal) right down to their youngsters, most estates contain a house. On this put up I’m not going to debate the wisdom – or extra aptly, the shortage of knowledge – of naming the entire youngsters as joint homeowners of the house after the dad or mum’s demise, as I’ve covered that in other posts. On this submit I wish to speak about the mortgage that’s attached to the home.
I’ve addressed the scenario you point out, and I probably will point out it many more instances. People have a hard time accepting that one beneficiary could obtain an asset while a distinct beneficiary pays the taxes on that property. It appears counter-intuitive, and I agree with you that it isn’t what the deceased normally meant. I hope you’ll be able to work this out with … Read More
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