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Recently the Wall Street Journal published an article that stated only 10% of the adult population has a plan for a lifetime disability or for distribution of assets at death. This is pretty stunning when you consider how protective we generally are of our children and the things we own, combined with the fact that...Read more
My last blog post focused on how title to real estate passes after death of the property owner. This post will focus on the power to sell real estate after death. The main issue related to the sale of the decedent’s real estate is whether the Executor of the estate possesses the power to sell or the authority to sell. The source of the power will typically be either express or implied.