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re: What happens to homes when occupant passes?
Posted on 5/7/24 at 2:58 pm to LSUfan4444
Posted on 5/7/24 at 2:58 pm to LSUfan4444
quote:
Depending on the value of the home, the location, the work involved, other factors, I could see quite a few other scenerios where it just wouldn't be worth it.
If it not worth anything or the person inheriting doesn’t have money to “float” the situation while they sort it out I get that. I guess that’s what people thought about us when my MIL died. But we cleaned out the home, cleaned it up, had estate sales, and sold it. Was my wife’s duty as executor to get the most value for all assets of the estate on behalf of the beneficiaries.
1
Posted on 5/7/24 at 3:01 pm to Dawgfanman
quote:
But we cleaned out the home, cleaned it up, had estate sales, and sold it. Was my wife’s duty as executor to get the most value for all assets of the estate on behalf of the beneficiaries.
Each situation is so very different. I was executor, my uncle had no kids and the only person "left" was my brother who agreed with me at every turn. He lives in Slidell, I live in Mandeville, neither of us are that in need of the money. Our opinion was, we would probably end up begging to pay someone $50k to make the headache go away so we just decided to avoid the headache.
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