Posted on: 07th Nov, 2007 11:03 am
i need help my best friend and i had home together.we are both on the deed as tenents in commom.he left a will leaving me his share of house.his family and daughter have signed off and want nothing.so why do i hafe to go to probate and the lawyer said i hafe to come up with 11,000 from are equity.my friend was disabled.he said that state will want money i think im being ripped off.
Hello Ringer,
As far as I know, interest in jointly held tenancy-in-common property does not pass automatically and are subject to probate. Even if there is a will, its validity is verified by probate and it is subjected to probate costs and delays.
As far as I know, interest in jointly held tenancy-in-common property does not pass automatically and are subject to probate. Even if there is a will, its validity is verified by probate and it is subjected to probate costs and delays.