What happens to Your House When You Die?

Summary

Learn what happens to your house when you die—with or without a will—and how probate or a trust can affect inheritance and ease the burden.

If You Have a Mortgage

This is the question homeowners don’t think about until it’s too late–but knowing what happens to it after you pass can save your loved ones time, stress, and money.

If You Die Without a Will

If there is no will, the court decides who inherits your home. It’s called probate, and can be slow and expensive. Court fees, attorney fees, and other costs come out of the estate–which means less for your family.

If You Have a Will

A will makes your wishes clear, but your estate still has to go through probate. That means, the same court process, delays, and costs as above, just with a clearer roadmap for who gets what.

If You Have a Trust

If you just put your home in a living trust, it avoids probate entirely. Without going to court, saving time and avoiding the extra expenses.

Using a Trust to Avoid Probate

Probate can cost thousands of dollars and take months–or even years. A trust helps your family avoid the burden, ensuring your home transfers smoothly to the people you choose.