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Dementia and Alzheimer's Legal and Financial Planning

What Happens To Your Home When You Pass Away [Video]

What Happens To Your Home When You Pass Away #realestate #mortgage #estateplanning

đź’€Ever wondered what happens to your home when you pass away ?

🏡 If you have a mortgage, it stays with the house—and someone still must continue to pay, or the bank may foreclose and reclaim the property.

💰No Will – the court decides who inherits your home—a process known as probate, costing both money and time.

đź’µ Even with a will- it still goes through probate, following your wishes but requiring expenses and delays.

✅ Trust – you can bypass probate court entirely. Your property goes directly to your chosen heir, avoiding unnecessary complications and expenses.

đź”’Follow for insights on protecting your home

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