What Is Probate and the 10 Things a Personal Representative Must Know

You’ve been named the personal representative overseeing the probate process for a loved one. The tax is not easy and there are numerous steps involved. The probate process can tax a family and create stress for the personal representative, especially

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Selling a Home with a Reverse Mortgage: Things You Should Know

Financial planning for senior homeowners in the United States was changed forever in 1988 when President Reagan signed the law that launched the Home Equity Conversion Mortgage (HECM) under HUD’s oversight. Commonly called a reverse mortgage, a HECM loan allows

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Probate Selling Real Estate

Inherited Property: How to Sell and Avoid Costly Mistakes  If you’ve inherited property from a loved one who is now deceased and you want to sell that property, you need to make sure you’re handling the sale the right way.

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Estate Administration and Probate in Maryland

When someone dies in Maryland, the distribution of their estate is determined by Maryland probate laws. Different treatment will apply depending on how large the estate is and whether the deceased person left a will governing administration and distribution of

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Inherited Property: What Do You Do Now?

An Inherited House: Gift or Burden? If a loved one has died and you find yourself inheriting their property, you’re likely experiencing a deluge of mixed emotions. In addition to grief, you may experience gratitude or even elation at your

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