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  2. Is It Possible for My Beneficiaries to Transfer Property ...

    www.aol.com/beneficiaries-transfer-property...

    Here are details on the process and what to do with the inherited property if you’re the beneficiary. ... sell it or rent it out. Each choice has its pros and cons. For example, if you receive a ...

  3. Estate (law) - Wikipedia

    en.wikipedia.org/wiki/Estate_(law)

    (See inheritance.) Depending on the particular context, the term is also used in reference to an estate in land or of a particular kind of property (such as real estate or personal estate). The term is also used to refer to the sum of a person's assets only. The equivalent in civil law legal systems is patrimony.

  4. Uniform Probate Code - Wikipedia

    en.wikipedia.org/wiki/Uniform_Probate_Code

    Intestate succession of property; procedures for making, interpretation, and revocation of wills (includes Statutory rule against perpetuities and Uniform Simultaneous Death Act) 3 Probate of Wills and Administration: Procedural rules for the probate process 4 Foreign Personal Representatives and Ancillary Administration

  5. Will and testament - Wikipedia

    en.wikipedia.org/wiki/Will_and_testament

    A will and testament is a legal document that expresses a person's wishes as to how their property is to be distributed after their death and as to which person is to manage the property until its final distribution. For the distribution (devolution) of property not determined by a will, see inheritance and intestacy.

  6. What to do when you inherit real estate that you don’t want

    www.aol.com/article/finance/2019/02/25/what-to...

    If the property you inherit is in good condition, you could turn it into rental property to create a stream of passive income. However, the rental income might not be that passive if you plan to ...

  7. I bought my siblings out of our mom's home — the ... - AOL

    www.aol.com/finance/bought-siblings-moms-home...

    What to consider when inheriting property with siblings. Inheriting property with a sibling isn’t necessarily a straight-forward process, even when stipulations are outlined in a will. For ...

  8. How to Avoid Paying Taxes on Inherited Property - AOL

    www.aol.com/avoid-paying-taxes-inherited...

    Inheriting a home or other property can increase the value of your estate but it can also result in tax consequences. If the property you inherit has appreciated in value since the original owner ...

  9. Ultimogeniture - Wikipedia

    en.wikipedia.org/wiki/Ultimogeniture

    Ultimogeniture, also known as postremogeniture or junior right, is the tradition of inheritance by the last-born of a privileged position in a parent's wealth or office. The tradition has been far rarer historically than primogeniture (sole inheritance by the first-born) or partible inheritance (division of the estate among the children).

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