And some of my aunts and uncles were talking about our “heirs’ property”. It appears I have some interest in an old house and tract of land, what should I do? Heirs property occurs when an estate that contains real property is not probated. Since real property passes as of the date of death,...Read more
About: Linda Knapp
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Recent Posts by Linda Knapp
After a recent cut in work hours, I’ve been thinking of changing directions, retiring in my early 60’s and starting my own business. I see you also advise small businesses. Suggestions? Many Baby Boomers have worked enough years to be eligible for retirement, but have been either hit by the recession or don’t want to endlessly...Read more
Some attorneys and financial planners prefer living trusts as a primary estate planning vehicle, but each have their usefulness. Wills can be prepared inexpensively, are familiar and understood by the average person to speak on behalf of a loved one at death. Wills are probated. Probate administration in some states is long and expensive and should...Read more
I want to sell the property, but wondered how to convey the deed when I find a buyer. At the very least the deed over to the new owner will have to be accompanied by a notarized Certificate of Trust verifying the continued existence of the trust, the grantor’s or some other person’s role as trustee...Read more
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