While there are some ways to expedite the process and reduce the amount of inherited property involved, some legal proceedings are almost inevitable when a loved one dies. Properly understood and carried out, probate often brings emotional closure in these situations, but if it gets out of control, probate litigation can become an expensive...
READ MOREDealing With an Inherited Home: Best Practices For Families
All property, for example inherited home, has both economic and non-economic value. In many instances, the former vastly outweighs the latter, because very few people have an emotional bond with a box of corn flakes. But that is not always the case; in fact, the opposite is sometimes true. There are people reading these...
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