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How Probate Treats The Family Home

Posted by on Jul 19, 2016 in Uncategorized | Comments Off on How Probate Treats The Family Home

For many people, real estate comprises the bulk of an estate. For those charged with dealing with the estate of a loved one, the dispensing of that real estate can be tricky. It can be confusing if the will states that your deceased parent has left you with the responsibility of being the executor, you may be concerned about how to properly and fairly divide up the family home. Read on to learn more about how probate deals with the family home when a loved one passes away. The Estate When one hears the word estate, you might picture a grand home on rolling hills, but when discussing probate the word “estate” simply means all the property (and debt) that a deceased person has left behind. It can be art, jewelry, cars, bank accounts and even cash. Most property...

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