What is an Affidavit of Heirship and How Can it Help You?
If you are in the unfortunate situation of having to sell a property that was inherited after the death of a loved one, then an Affidavit of Heirship may be necessary. This document legally establishes your right to ownership of the property and is typically used when there is no will present. It also helps to ensure that any monetary proceeds from the sale go directly to the rightful heirs. Let’s take a closer look at what an Affidavit of Heirship is and how it can help you in Texas.
What Is An Affidavit Of Heirship?
An Affidavit of Heirship is a legal document that provides evidence that an individual has the right to own a piece of property or other assets after their death. It must be signed by two or more people who are familiar with the deceased person’s family circumstances, typically close family members such as siblings, parents, or extended family members. The affidavit includes information such as the deceased person's name, date and place of birth, date and place of death, names and ages of all heirs, and other important details about the deceased's estate.
Why Is An Affidavit Of Heirship Necessary In Texas?
In Texas, if there is no will then an affidavit is often necessary in order for a court to officially declare who owns what assets so that they can be distributed accordingly upon their sale or transfer. Without this document, it can be difficult for family members who have inherited property or other assets to actually gain access to them. Additionally, an affidavit helps prevent any disputes regarding ownership rights among heirs after a loved one has passed away.
An Affidavit of Heirship is important when it comes to selling an inherited property or transferring assets after the death of a loved one in Texas. By having this document in place, you are ensuring that all legal aspects surrounding ownership rights are properly taken care of so that all parties involved receive what they are entitled to without any issues arising due to lack of documentation or disputes between heirs over who owns what part(s) of an estate. So if you find yourself needing such documentation we work with you to take care to make sure everything is handled according to Texas law so as not to cause any delays or complications down the road when it comes time for the distribution or transfer of assets from one party to another.
Have questions about selling your property using an Affidavit of Heirship? Don’t hesitate to give us a call at (214) 310-1495 and we are happy to help. We partner with our title company and attorney partners to get you the best advice and outcomes to get the property sold in a timely way. We work with you as a partner to get the home sold for the most money in the best time possible given the situation. It’s our pleasure to help!
