Do You Have the Will or Don't You
Posted by Claudia Carroll on
Do You Have the Will or Don't You?
First let me say I am NOT an attorney. I am a Real Estate Broker with well over a thousand transactions of experience. The most heartbreaking thing I deal with is selling a home after a death in the family.
Somewhere in the past there became a misconception about the evils of probating wills. This led a great number of people to believe that the best way to keep the government out of their business was to not have a will at all - or the legal term, to die intestate. That is all well and good if you just have personal property. But a huge problem arises if you have real property - a home or land. Without a will stipulating who it is to go to, it will be divided among your heirs. This is where it gets tricky.
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