Property and Your
Family
One of the most valuable parts of a decedent’s estate is the family home. This is particularly true in New York where the value of real estate is among the highest in the nation. However, family members may have different ideas as to what should happen with the family home. Some members of the family may want it to stay in the family, while others may want to sell it as they are in need of cash. Still other family member may live in the house and want to stay there. While it may not be the preferred solution for all family members the best solution may be to divide the property. However, there are a variety of issues that must be examined when considering how to divide a family estate. If you are your family members are struggle with how to divide a family house in an estate following the death of a loved one, contact an experienced New York probate administration lawyer who will help you arrive at a solution that protects your interests.
When multiple family members have an ownership interest in a family home, and have diverging opinions as to what should happen to it, it is difficult to come up with a solution as to how to divide a family house in an estate that satisfies all parties. However, there are options to consider. The New York attorneys at the Law Offices of Stephen Bilkis & Associates have extensive experience representing beneficiaries, heirs, and executors in matters related to selling estate property and complex estate litigation. Contact a probate administration attorney serving New York at 800-696-9529 to schedule a free, no obligation consultation regarding your case. We represent clients in the following locations: the Bronx, Brooklyn, Long Island, Manhattan, Nassau County, Queens, Staten Island, Suffolk County and Westchester County.