My sister inherited mom's house. After it's sold to pay off debt, where does remaining money go?
sister was given mothers house in will.house has been court order to sell to pay off debt. were does remaining money go.to her or split between siblings
As I can decipher what you've written, your sister was left your mother's house in your mother's will. But that house is already under a court order to sold to pay off debts. (I presume debts of your mother). You want to know who receives the remaining money (if any) after the sale.
I cannot give you a definitive answer, because I don't know what states law applies. [And if I did, I probably wouldn't know what that law was.] Still, I can give a general opinion: I think the remaining money after the sale would go to the sister. Why wouldn't it? Your sister has the legal right to inherit the house, less any debts on it. How could a court-ordered sale change this? Why would others (siblings) get rights to inherit part of the house, or cash from it, because of a court-ordered sale for the mother's debts? I think that the other siblings are very unlikely to receive any money from the house, or the house sale.
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