deed If the property was co-owned, the surviving owner typically assumes full ownership without probate. However, if multiple heirs inherit the home, they must decide on its division or sale.
Life Estates and Trusts
A life estate allows a designated individual to live in the home until death, at which point ownership transfers to a named heir. This method can simplify inheritance but may have tax implications. Many property owners now use living trusts instead, which provide more flexibility and avoid probate altogether.
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