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moriah

(8,312 posts)
17. Thanks for confiirming.
Thu Mar 31, 2022, 11:14 AM
Mar 2022

Mom had enough left over in her bank account to cover the attorney fees and *maybe* $1500 cash for each of us.

The rest is locked in the house, and no, my sister isn't interesting in selling right now -- as long as I live in it and keep a guest bedroom made up for her along with the room that is rented, it means her and her husband don't have to pay for hotels if they need to stay near hospitals. Neither of us have kids (or are likely to), either, who might be growing up and need college tuition or loans or houses to start their own families off in.

We'd hoped to get the inheritance issues "settled" by having the title be jointly between us -- Mom's only two heirs. Means that if either of us passed the house would go to the other without all the hassle of probate.

When her husband's parents passed there was luckily enough in the estate cash-wise (and no debt) to simply "buy" her out of the land portion by giving his sister the cold hard cash that was left (which she was also able to use to buy a home). It'd be nice if everyone was so lucky.

We're just happy we get along.

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Latest Discussions»Culture Forums»Personal Finance and Investing»Assumption of a mortgage ...»Reply #17