Dealing with Real Property in Wills – There’s more to consider here than meets the eye!!
Generally speaking, real property (“property”) is often not specifically dealt with in a Will and therefore, it forms part of the residue of an estate. In this case, the executor is generally required to sell the property for cash as soon as possible, but this may not be the best strategy and other options should be considered.
Original Article Source Credits: All About Estates, https://www.allaboutestates.ca/
Article Written By: Tracy Parkinson
Original Article Posted on: 4th December 2020
Link to Original Article: https://www.allaboutestates.ca/dealing-real-property-wills-theres-consider-meets-eye/