As wealth inequality remains stark, fueled in part by racial differences in homeownership rates, attention is increasingly turning to a lesser-known area of property ownership - heirs' property. Heirs ...
Probate Initiation: An interested party, often a family member or creditor, petitions the probate court to open an intestate estate. Appointment of Administrator: The court appoints an administrator ...
For people inheriting properties from their family members, the transfer of a home or a piece of land represents an opportunity to provide housing stability and preserve generational wealth. But not ...
The Federal Home Loan Bank of Indianapolis (“FHLBank Indianapolis” or “Bank”) today announced a new program to resolve and prevent ongoing heirs’ property issues in Indiana. Heirs’ property refers to ...
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10 states that don't have inheritance taxes
While only a handful of states impose a true inheritance tax, no inheritance tax doesn't mean that heirs get off scot-free.
Scott Mollen discusses "Laurelton Estates LLC v. Prince," “Friend v. 333 Tenants Corp.” and “CMTG Lender 10 LLC v. Chetrit,” ...
Scott Mollen discusses “Gelinas LLC v. Hayes,” where the key issue was “whether this action for partition is governed by traditional legal principles of partition or is subject to the special ...
The farmland of North Carolina cradles not only agricultural abundance but also a significant legal challenge: heirs property (also commonly known as "heirs' property" or "heir property"). This ...
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