Posted on: 08th Sep, 2010 12:13 pm
My father recently passed away and left his three properties to his wife. He had planned on leaving two of the properties to his children, but failed to do so in his will. She knows that he had planned on leaving the properties to us and is willing to sign them over, we just don't know the best way to do that. Does it make a difference if he owns them outright or not? I know that he has a mortgage on one, and I'm not sure about the other. I am the executor of the estate, if that makes a difference. Any ideas?
Hi sew.what3,
Welcome to mortgagefit,
"She knows that he had planned on leaving the properties to us and is willing to sign them over"
If you are planning to find out a simple way then instead of going for a tedious process of finding any small clauses in laws to bend (or to find) will of the person. do it in this way......................
Let all the proceeds come to your mom as per will.
Mom later on transfer the property to you/siblings with the simple process of quitclaim deed.
Any information on how to file a quitclaim deed can be obtained from this link
http://www.mortgagefit.com/search/quitclaim-deed.html
Feel free to ask any further query if you have.
Thanks
DIPA
Welcome to mortgagefit,
"She knows that he had planned on leaving the properties to us and is willing to sign them over"
If you are planning to find out a simple way then instead of going for a tedious process of finding any small clauses in laws to bend (or to find) will of the person. do it in this way......................
Let all the proceeds come to your mom as per will.
Mom later on transfer the property to you/siblings with the simple process of quitclaim deed.
Any information on how to file a quitclaim deed can be obtained from this link
http://www.mortgagefit.com/search/quitclaim-deed.html
Feel free to ask any further query if you have.
Thanks
DIPA