What happens if one heir of an inherited property wants to keep the property, but the other heirs want to sell it? If you find yourself in this situation, there are steps you can take to buyout your siblings, or beneficiaries.
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lisa@homesbyjimandlisa.com | (916)545-5311 | CADRE# 01702057
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00:00 Introduction
00:59 How property is divided
01:27 Seek Legal Advice
02:09 Obtain an Appraisal
03:07 Determine the Shares
03:53 Payment to Your Siblings
04:40 Transfer of Ownership
05:34 What Happens When Families Disagree?
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I am not an Attorney or Tax Professional
The information provided in this video is for general informational purposes only and should not be considered as legal, financial, or tax advice. I am a licensed realtor, and while I strive to provide accurate and up-to-date information, I am not qualified to offer legal or tax advice.
Before making any decisions or taking any actions related to probate, trusts, wills, or any other legal or financial matters discussed in this video, it is strongly recommended that you consult with a qualified attorney, tax professional, or relevant expert in your jurisdiction. Laws and regulations vary widely, and what may be applicable in one situation may not be in another.
If you want to talk with me about Sacramento Area real estate, please call or text me at (916)545-5311 or email me at lisa@homesbyjimandlisa.com
