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2. Do all heirs need to agree to sell an inherited property? - AOL

   www.aol.com/finance/heirs-agree-sell-inherited...

   For example, in California, if the executor can sell the property for at least 90 percent of its appraised value, they may have the authority to move forward with the sale. So know your state’s ...

3. Named executor of parent’s estate, now what? - AOL

   www.aol.com/named-executor-parent-estate-now...

   Rhonda Griswold, a Cades Schutte law firm partner, joins producer/host Coralie Chun Matayoshi to discuss your fiduciary duties as an Executor or Trustee, things you need to do, notice and ...

4. Who Should You Ask to Be Executor of Your Estate? - AOL

   www.aol.com/news/2013-10-13-picking-your...

   "A common adage in the industry is to name your enemy as your executor as a means of revenge," says John O. McManus, an estate attorney and founding principal of McManus & Associates in New York City.

5. Stepped-up basis - Wikipedia

   en.wikipedia.org/wiki/Stepped-up_basis

   If the property is not disposed of within six months of the decedent's death, the executor may elect to use the property's fair market value six months after the date of death but only if such an election results in a decrease in the value of the gross estate. [2] If the executor does not so elect, or if the property is disposed of before the ...

6. Probate - Wikipedia

   en.wikipedia.org/wiki/Probate

   An executor is a person appointed by a will to act on behalf of the estate of the will-maker (the "testator") upon his or her death. An executor is the legal personal representative of a deceased person's estate. The appointment of an executor only becomes effective after the death of the testator.

7. Administrator of an estate - Wikipedia

   en.wikipedia.org/wiki/Administrator_of_an_estate

   The administrator of an estate is a legal term referring to a person appointed by a court to administer the estate of a deceased person who left no will. [1] Where a person dies intestate, i.e., without a will, the court may appoint a person to settle their debts, pay any necessary taxes and funeral expenses, and distribute the remainder according to the procedure set down by law.

8. What happens to your mortgage after you die? - AOL

   www.aol.com/finance/what-happens-to-mortgage...

   Sources. Average US Mortgage Debt Increases to $244,498 in 2023, Experian.Accessed July 18, 2024. 2024 Wills and Estate Planning Study, Caring.Accessed July 18, 2024.

9. How to buy a house from a family member - AOL

   www.aol.com/finance/buy-house-family-member...

   Pros of buying a family member’s home. Commission savings: If you and a trusted family member agree to a sale, you might be able to eliminate the need for real estate agents.Considering that the ...