Tag: Property Inheritance
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When a Homeowner Dies, What Happens to the Home?
What happens when a homeowner dies depends on whether there’s a will, the level of debt left behind, and how members of the deceased person’s circle think about others who could be beneficiaries of the estate. Understanding these factors can help a homeowner write a will that works. And if you stand to inherit an…
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Lost Deed to Inherited Mineral or Oil Rights. What Should I Do?
From time to time we’re asked what to do if a deed is missing to mineral or oil rights. Can you recover your interest in these rights if you’re missing the deed? And how are these rights exercised? In this article, we take the questions one at a time.
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How Philadelphia’s Funeral Homes Aid in Resolving Tangled Titles to Preserve a Billion Dollars in Real Estate Wealth
Once upon a time, Katherine Gilmore Richardson undertook the crucial task of reclaiming the title to her family home in Wynnefield, West Philly, where she grew up. She got the title back to her family home. She grew up in that corner home in Wynnefield, West Philly. So she wanted to recover its title with…
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After You’re Gone, Does Your Mortgage Live On?
You might be wondering about that house or condo you’ve left in your will. Often, after a homeowner passes on, the real property is sold from the estate to pay off debts. But maybe you have a relative who would like to have and keep your home. For the sake of exploring the question, say…