The Financial News

The Financial News

Inheriting a home can come with both ‘grief’ and ‘management’


When Ashton and Adison Lawrence inherited their grandmother’s South Carolina home earlier this summer, the brothers knew they weren’t just inheriting a piece of real estate. They were inheriting a major financial responsibility.

When siblings inherit a home together, they often have to decide whether to sell, rent or keep it while covering taxes, insurance, maintenance and repairs.

If you inherit a home, here’s how to avoid costly mistakes.


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