Receiving an inheritance can be meaningful and transformative, but it can also create challenges if not handled thoughtfully. Without a clear plan, an inheritor may struggle to manage assets, face creditor or tax issues, or lack the financial experience needed to preserve and grow their inheritance. A well-designed estate plan helps anticipate and reduce these […]
Inherited
What Happens to Real Estate With a Mortgage When I Die? from Austin Estate Planning Attorney Liz Nielsen
Most Americans carry a certain amount of debt during our lifetimes, from unsecured credit card debt, to more substantial debt like a mortgage. When you pass away, your debts are an issue which must be addressed. What happens to your debts often depends on the type of debt and the state where you live. Debts […]