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I think you're right. Just to make sure nothing bites me later.
Absolutely. That's why her estate is negative. Funeral, mortgage payments, rent space payments, everything to do with selling the house, ulitlities until sold, insurance... all that is coming back plus fee.
Many thanks to...
Exactly. So if I'm going to be paying the taxes on it I don't see how the money belongs to "someone else".
Unless, I'm not going back far enough in the process. She had debt therefore I shouldn't have sold the house this way? Therefore now leaving me on the hook for unpaid debt. Which again is...
Manufactured homes do not require probate. Just like a car you wait 40 days then transfer title to either yourself or a new owner through sale.
I have no problem if the proceeds belong to her estate but if that's the case then so do the taxes from it. That's what I'm trying to get straight in...
That's what needs to be answered first. Do these proceeds belong to the estate in the first place? This personal property was transfered to me outside of probate, ie non-probate asset.
Correct, according to California Department of Housing and Community Development it was never entered into the trust.
Which just leaves, are the house proceeds mine or the estates?
If it's mine then that leaves her estate with a massive negative balance (stuff I've paid for out of pocket, with...
Many thanks for your time Zigner!
She owned the home, personally. I was not on the title in any way. She willed it to me. I believe the California small estate affidavit is what rules over the after 40 day deal. I did not fill out that paperwork, instead the mortgage company did it via PoA from...
Mother passed away. All she had was a manufactured home. It's now been sold (after 40 days/California). Check is made out to me. So now the question I have is do I deposit this into her Trust Account or because this personal property bypassed probate is it now mine? I'm the one that will be...
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