What will happen to my house when I die?

Dated: June 2 2021

Views: 371

Transferring Real Estate After Death

I have helped friends prepare for the inevitable by counseling them on what will happen to their parent’s home when they pass.  It’s not the easiest of subjects to talk about.  Certainly no one likes to think about the “what do we do when you die?” scenarios.


Let me throw a few words at you that might change your perspective on how to proceed.








Each of these could open up healthy conversations amongst those involved.  It could also create an emotional storm.  Depending on the dynamics of your family, you may need more time to process this kind of decision making.  In the end, working collaboratively is in the best interest of all…….usually.


Will Probate Be Necessary?

Probate will be necessary to transfer the real estate to the new owner or owners unless:

  • the deceased person used a living trust (as opposed to a will) to leave the real estate to someone

  • the deceased person completed and filed a transfer-on-death deed, allowed in more than half of states, to designate someone to receive the property after death, or

  • the deceased person co-owned the real estate in one of a few ways.

To find out if the deceased person co-owned the real estate, first find the deed that transferred the property to the deceased owner. The deed, which may be titled a quitclaim, grant, joint tenancy, or warranty deed, should state how the deceased person, and any co-owners, held title to the property. That will determine how the property can be transferred.

Below are a few possibilities for how the deceased might have owned the property.

Sole Ownership

If the property was owned in the deceased person's name alone (and there is no living trust or transfer-on-death deed), the property will probably have to go through the probate process to be transferred to whomever inherits it. Who inherits the property is determined by the person's will, if there is no will, by state law.

Joint Tenants

If the deed says title was held in joint tenancy or joint tenancy “with right of survivorship,” and the co-owner is still alive, then the surviving co-owner is now automatically the sole owner of the property. No probate will be necessary to transfer ownership, though the co-owner will need to complete some paperwork to make it clear that the property is now solely owned.

Tenants by the Entirety

If the deceased person owned the property with his or her spouse, then in certain states it could have been held in tenancy by the entirety (also called "tenancy by the entirety"). The surviving spouse is now the sole owner. No probate proceeding is necessary for the survivor to take ownership.

Community Property

In community property states, spouses (and registered domestic partners, in some states) can hold property in community property, meaning that it's owned by the couple together. The deed may also say that they owned the real estate “as husband and wife”; that also shows an intent to hold the real estate as community property.

Tenancy in Common

Co-owners seldom own real estate as tenants in common, but you might come across this form of ownership if the co-owners inherited the real estate—for example, they were siblings who inherited a house from their parents—or were in business together. Each co-owner can name a beneficiary in his or her will; if there's no will, the deceased co-owner's interest in the property passes under state law to the closest relatives. Probate will be necessary to transfer the interest in the property.

How to Transfer Real Estate After Death

If the real estate is held in a trust: If the deceased person held the property in a trust, the most recent deed should show that the property was transferred to the trustee of the trust. For example, it might say "To Tomas Penko and Marla Penko, trustees of the Penko Family Trust dated March 3, 2015."

If the real estate is the subject of a transfer-on-death deed: If the deceased person filed a transfer-on-death deed, that deed will specify the new owner of the property. The new owner will usually have to complete a little paperwork by filing an affidavit (a simple statement) and a copy of the death certificate with the county's land records office.

If there's a surviving co-owner who inherits: Although the rules will vary for each state or even county, generally, the surviving co-owner will need to file a statement that explains the surviving co-owner is now the sole owner, as well as a death certificate, in the county's land records office.

What are the immediate responsibilities?

Before you transfer real estate, you need to take care of it. This includes paying the mortgage and taxes and keeping the place maintained until it can be formally transferred to its new owner or owners.

You may also need to get the property appraised, which means getting a professional valuation of what the property is worth. This might be required if the estate goes through probate or to determine whether the estate qualifies for simplified probate procedures. Beneficiaries might also want to know what the real estate is worth or may need the value for tax purposes.

Legally speaking, you should consult with an attorney BEFOREHAND!  They will ask you for what you’d like your intentions to be when you pass.  My wife and I decided a Trust was the best option to handle our assets.  Depending on your situation, you may want to take a different route. 

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Eric Groff

What are you passionate about? What drives your motivation? You deserve an agent that advocates for YOU! You need a resourceful agent that provides timely solutions. You need a strong negotiator i....

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