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re: Best Way to Transfer Real Estate to Heirs
Posted on 8/18/23 at 8:54 am to baldona
Posted on 8/18/23 at 8:54 am to baldona
quote:
There’s few things that will tear a family apart faster than inherited family property. It may be beneficial to even consider paying someone off outside of the inheritance.
^^This^^
When the property ownership gets diluted with multiple owners it can complicate things. Many developers have had to get multiple releases on a property that has been passed down from generation to generation making it a nightmare at times. I've seen this with family farms later to be developed into a subdivision or something else.
This post was edited on 8/18/23 at 8:57 am
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