What repairs are worth making to a house in probated

When you are the personal representative of an estate a lot of responsibility falls on your shoulders. One of the largest ones is what to do with the real estate that belongs to the estate. With most estates, probate is the process

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Glossary of terms

Common Probate and Trust Legal Terms Abatement: When the estate does not have enough remaining property to pay each beneficiary in full, an abatement is the lesser amount heirs may receive. Administrator: Also called an executor, the person in charge of

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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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