Keeping an Inherited House in New York: How Do You Decide Whether It’s Realistically Possible?
When a Staten Island family inherits a house, selling it is not always the first thing on their minds. Maybe it was Mom and Dad's house for 40 years. Maybe one sibling wants to live there. Perhaps the family wants to keep the property so future generations can enjoy it. Or maybe everyone believes re
Should Your Will Include a Separate List for Personal Property?
A wedding ring intended for a daughter. A grandfather’s watch promised to a grandson. A painting that has been in the family for decades. Family photographs, furniture, jewelry, collectibles and other belongings that may have far more sentimental value than monetary value. When people prepare a will
The Estate Has Bills to Pay, but Most of the Money Is Tied Up in the House. What Options Does the Executor Have?
An estate can own a valuable house and still have very little cash available to pay its ongoing expenses. This situation can create a difficult problem for an executor or personal representative. The inherited home may be worth hundreds of thousands of dollars, yet property taxes, homeowners insuran
Categories
- All Blogs (696)
- Agent Recruiting (99)
- Buyer w/House to sell (107)
- For Home Buyers (123)
- For Home Sellers (185)
- Home Valuation (5)
- How to Blogs (3)
- Lifestyle (25)
- Miscellaneous (9)
- Our Worthy Cause (100)
- Probate (83)
- Staten Island Neighborhoods (36)
- Staten Island Real Estate Market Update (8)
- TW EMAILS (6)
- Weekend Events (51)
Recent Posts
