Category: probate

Is There A Holding Period Before Selling My Inherited Home? – Bloomington

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If you’re considering selling your inherited home, you might be wondering if there’s a holding period before you can do so. This article addresses that question and provides insights into what you need to know about the holding period, including details about probate, potential tax implications, and other factors that could affect the sale of … Continued

What To Do With Your Unwanted Inherited Property In Illinois

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Inheriting real estate property is common, but often unwanted. When family members or close friends pass away, they may leave unwanted inherited property to their next of kin or people who were very important to them. This inheritance makes you responsible for property maintenance, possible landlord duties, property taxes, and potential homeowner’s or property owner’s … Continued

Illinois Probate House Guide: How to Avoid Getting Shortchanged

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Buying and selling real estate is a major part of the economy. As communities grow, the need for homes, apartments, and commercial spaces continues to rise. But even with a strong market, real estate transactions can become complicated, especially when a property is tied to probate. Probate properties follow a different set of rules. If … Continued

3 Key Things to Know Before Inheriting Real Estate in Illinois

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Inheriting a property can feel exciting, but it often comes with responsibilities and challenges you might not expect. When you inherit real estate, there are several important things to consider before deciding what to do with it. First, you need to know the condition of the property. Some homes may need repairs or updates, and … Continued

5 Proven Tips for Selling a Probate Property in Illinois

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Inheriting a property after losing a loved one can feel overwhelming. You’re dealing with grief, family responsibilities, and a long list of decisions you probably didn’t expect to make. When the property has to go through probate, things can feel even more complicated. There are legal steps to follow, paperwork to sort out, and deadlines … Continued
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