Inheriting a house can feel like a gift, right up until the bills attached to it start showing up. When someone dies owning a home with an unpaid mortgage, the heirs who step into ownership do not step into a clean slate. The debt rides along with the property. And if those heirs ignore a...KEEP READING

Family members often transfer property informally through handwritten deeds or documents that skip formal requirements. These informal transfers may seem adequate within the family but can create serious problems when the property is later sold to outsiders. The informal deed may lack proper acknowledgment, witnesses, or notarization. What happens when an unacknowledged gift deed conflicts...KEEP READING