Heirs Property: An Examination of Probate Costs and the Costs of Postmortem Probate Inaction

Authors

Reid Kress Weisbord

Abstract

“Heirs property” describes a legal limbo that occurs when multiple heirs or will beneficiaries inherit real property as tenants-in-common without promptly probating the estate to transfer marketable title out of the decedent’s name. This Article draws on recent empirical research to examine the demography of heirs property. It then takes a closer look at the adverse economic impact of postmortem probate inaction by and upon the decedent’s inheritors.

Recommended Citation

Weisbord, Reid Kress (2023) "Heirs Property: An Examination of Probate Costs and the Costs of Postmortem Probate Inaction," ACTEC Law Journal: Vol. 49: No. 1, Article 10.
Available at: https://scholarlycommons.law.hofstra.edu/acteclj/vol49/iss1/10