Real estate blog entries tagged with inheritance

Blog entries tagged with "inheritance":

inheritance: NEW FOUND MONEY? HOW SHOULD I INVEST MY INHERITANCE? - 11/10/08 03:03 PM

NEW FOUND MONEY? HOW SHOULD I INVEST MY INHERITANCE?
According to the AARP, the median amount of today's inheritance is about $64,000. While that won't provide financial security for life, it is a lot of money and, therefore, requires careful planning before deciding what to do with it. The following … (2 comments)

inheritance: Quit Claim Deed Validity Determines Inheritance Rights - 11/09/08 01:58 PM

Summary: If a quit claim deed is signed but never recorded and the former owner dies, who inherits the home? An Ohio family owns a West Virginia property through a quit claim deed but they never recorded the quit claim deed. The law of West Virginia, where the property is located, … (1 comments)

inheritance: What to Do With an Inheritance - 10/29/08 01:19 PM

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inheritance: Refinancing a Reverse Mortgage: Success Upon Success - 01/08/08 04:03 PM

Last night I had the privilege of speaking with a very nice couple, to whom I will refer as Mr. and Mrs. G. They obtained a reverse mortgage loan back in July of 2001. At the time, their home was appraised at $415,000, and the federal lending limit in their county … (2 comments)

inheritance: Domestic Partnership Equalty Amendment Act of 2006 - Many of the rights of spouses - 01/06/08 12:13 PM

With the adoption of the Domestic Partnership Equality Amendment Act of 2006, registered domestic partners in the District of Columbia gained many of the same rights as a spouse (see list below).
Pertaining to real estate, the rights gained for those who register are the same rights as spouses including: mortgages, inheritance, … (4 comments)

inheritance: A little humor. - 09/01/07 02:28 PM

When Fred found out he was going to inherit a fortune when his sicklyfather died, he decided he needed a woman to enjoy it with.
So one evening he went to a singles bar where he spotted the most beautiful woman hehad ever seen. Her natural beauty took his breath away."I … (17 comments)

inheritance: If Grandma Had Listened to These Folkes - My Inheritance Would Be Gone - 08/20/07 11:38 PM

For the Past 60 years, economists, Wall Street Analysts, and other supposed financial experts have predicted the end of Real Estate Appreciation. Take a quick trip through their far-off-the-mark forecast from years gone by:
"The prices of houses seem to have reached a plateau, and there is reasonable expectancy that prices will … (11 comments)

inheritance: A Limit on Widow's Gains Exclusion - 07/21/07 07:19 PM

A Limit on Widow's Gains Exclusion Question: My husband and I owned a house as tenants in common. He died in 2005. Now I would like to sell the house. Am I entitled to the $500,000 exclusion on my capital gains?Answer: No. You would be entitled to the $500,000 principal-residence-sale capital … (0 comments)

inheritance: No tax? Now that would be a Gift! - 07/20/07 08:31 PM

No tax? Now that would be a Gift!Question: My parents bought a riverfront property for $360,000 where they planned to build a large house. However, they had difficulty getting along with a neighbor so they decided not to build. Instead they want to give the lot to us. Is there a … (0 comments)