Dec 9 2024, 03:21 AM
QUOTE(abhipraaya @ Dec 2 2024, 03:02 PM)
Is this confirmed? The information my lawyer told me is the opposite. This year i consulted my lawyer who specializes in property law (who also drafted the will) and he suggested let the will do it as transferring now is more expensive. Now I'm confused.
not much difference in costs tbhif that property is the ONLY property ur mum has, then transferring it now is cheaper than will, because for the probate u literally dont need to do anything if your mum died with zero assets, or you have the account passwords for your mum's bank account and can transfer the money out urself.
if she totally has no other tangible assets u might not even need to go for probate (cost about 5-8k for the probate, and excluding any property transfer transactions after probate obtained)
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