When a loved one passes away, one of the first practical questions families face is how real estate will transfer to heirs. The answer typically falls into three paths: probate, trust-based transfer, or direct deed/beneficiary mechanisms. Each path has...
Key takeaways Selling an inherited home can trigger capital gains taxes, but if you sell quickly at around the date-of-death value, you may owe little to nothing. Living in the home for at least two of the five years before selling can unlock the home sale exclusion...
