Inherit a House with a Mortgage?

inherit house with mortgage

If you have a mortgage, you might worry about what that means for your heirs and loved ones. Will they be able to keep your home, and who will be responsible for paying for it?

Stop Heirs from Foolishly Wasting Inheritance

wasting inheritance

One of the biggest concerns a trust creator might have is that the beneficiary would squander their inheritance or that the beneficiary’s creditor would attach the inheritance to cover the beneficiary’s debt.

Your Will: What to Not Do

Will do not

In general, a last will and testament is an easy and straightforward way to state who gets what when you die and name a guardian for your minor children.

How to Transfer Ownership of Home to Children?

transfer ownership of home

Have you considered transferring ownership of your home and wondering what records or paperwork is required? The reason for wanting to transfer will help determine how you should proceed.

Powers of Attorney and Advance Directives

power of attorney and advance directive

Some people think that, because their assets are jointly owned with a spouse or are in a trust, they do not need a Power of Attorney, or that if they become incapacitated, their spouse automatically has the authority to make medical decisions on their behalf.

How Do You Divide Inheritance among Children?

children inheritance

First, before making a gift or bequest outright to your youngest son, consider whether now or in the future he will possibly be eligible for governmental assistance based on his disability and his own assets.