What is a Tangled Title?
Have you ever heard of a “Tangled Title”? This is when someone passes away Intestate (without a Will) and the descendants aren’t on the deed. Though common, they are usually resolved through the probate process.
Sometimes, a family property is occupied by a child as their family home, who then passes away Intestate as well. We run into this when a property is passed on to several children, one or more of whom receive public benefits. It can place the benefits at risk and always costs more to resolve than if the original owner had a Will.
1.?Causes of Tangled Titles
A tangled title can arise from various circumstances, including:
2.?Consequences of Tangled Titles
Having a tangled title can lead to:
3.?Resolving Tangled Titles
To resolve a tangled title:
As always, my articles are for general information and not legal advice. Contact a licensed Attorney for your situation, or contact me 484-854-1366 or [email protected] and I’ll connect you with one we work with.
Elder Law, Medicaid Planning, Estate Planning and Administration, Trust Administration
1 周Great article and very timely.