Probate Archives - Deeds.com

April 29, 2024April 30, 2024

I Inherited a Home. Should I Sell It, or Rent It Out?

Many heirs receive real estate because it’s a valuable asset — not necessarily because they need the homes to live in. So, for the heir who doesn’t want to live in the inherited home, what’s the best decision to make? Rent or sell the home?

The answer is clear: It all depends! It’ll turn on the precise blend of the heir’s circumstances and the real estate market.

While we have no blanket best answer for all readers and all markets, we can certainly go over the factors an heir would want to consider.

September 22, 2023April 25, 2024

When in Delaware… A Homeowner’s Deed Must Be Filed With the Register of Wills

What happens with Delaware real estate deeds when someone dies?

The home’s title (whether the owner dies with or without a will) vests immediately in the beneficiaries’ names. The home county’s Register of Wills sends the deed to the County Assessment Office. That’s how a title is transferred upon death. There’s no need for a new deed.

This makes Delaware different from other states. And there are a few more things to know about how a deceased person’s home goes to the beneficiaries in Delaware.

September 20, 2023April 25, 2024

I Deeded My Property to Someone Else. Can I Revoke My Gift?

Giver’s regret isn’t unusual. A desire to void the gift of a home after transferring the deed could happen for various reasons. Perhaps you recovered from a serious illness and could really use that home after all. Or maybe your tax expert told you that letting someone wait to inherit your home would be better for the beneficiary, or for you. Perhaps you just don’t like the way your recipient is behaving, and now feel you made a mistake by giving your home away to an irresponsible person.

And now you need answers. Can you take back the deed that you transferred?

April 16, 2021April 25, 2024

Will Versus Quitclaim: When There’s a Conflict, Who Owns the House?

Usually, the quitclaim deed overrides the instructions in a will. But the devil is in the details.

At age 60, Letitia bought her Sacramento home, as a sole owner. Twenty years later, aged 80, Letitia went into a care home. Letitia subsequently signed a quitclaim deed and gave the home to Jackson, the only one of her three children who was not already a homeowner. Thanks to the modern convenience of remote online notarization, this was simple for Letitia to do.

Some homeowners use quitclaim deeds when the parties know the home’s history and do not expect a title search. See more at: Transferring a Deed Without a Lawyer? Here’s What You Should Know.

At age 84, Letitia passed away, survived by the three children: Jae, Jasper, and Jackson.

Letitia left a will that appears to give 50% of the home’s value to Jackson, with the other half divided equally between the other two siblings. But Jackson is unwilling to give up any interest the home.