inherited a house with a loan & LOTS of questions re: will
What is the name of your state (only U.S. law)? CA
we've recently inherited a house with a loan against it...the executor is delaying the probate process, I guess because she thinks that her portion of the inheritance could be affected by what is owed on the house.
The woman who is the executor was given all the "paid off" things in the will, we got the house. The will was written before the loan was taken on the house.
what happens to a home that has a loan on it??
EDIT TO ADD:
What is the name of your state (only U.S. law)? CA
My father in law passed away so now we're in a will situation.
His girlfriend is listed as the executor and thus is denying my husband and his brother the ability to view the will. If I understand the process right, once she puts it into probate, then it's public record? Is there a timeframe to put it into probate? And what if she puts it off for a long time?
She's stated that my husband and his brother have "no legal rights" without her. Is that necessarily true?
And, I just want to make sure I understand this right..probate is how the courts make sure the will is legal, right? Do we, then, need an attorney to follow it through or is that just useless?
Any tips we should know? And pitfalls to watch out for in this situation? It's a little contentious but not that bad, and everyone would just like to get everything settled and done with and move on with life.
What is the name of your state (only U.S. law)? CA
we've recently inherited a house with a loan against it...the executor is delaying the probate process, I guess because she thinks that her portion of the inheritance could be affected by what is owed on the house.
The woman who is the executor was given all the "paid off" things in the will, we got the house. The will was written before the loan was taken on the house.
what happens to a home that has a loan on it??
EDIT TO ADD:
What is the name of your state (only U.S. law)? CA
My father in law passed away so now we're in a will situation.
His girlfriend is listed as the executor and thus is denying my husband and his brother the ability to view the will. If I understand the process right, once she puts it into probate, then it's public record? Is there a timeframe to put it into probate? And what if she puts it off for a long time?
She's stated that my husband and his brother have "no legal rights" without her. Is that necessarily true?
And, I just want to make sure I understand this right..probate is how the courts make sure the will is legal, right? Do we, then, need an attorney to follow it through or is that just useless?
Any tips we should know? And pitfalls to watch out for in this situation? It's a little contentious but not that bad, and everyone would just like to get everything settled and done with and move on with life.
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