Ep. 28 Dealing with Real Property After Someone has Died
Today, we're diving into the crucial topic of managing real property in estate administration. Many people wonder what happens to a loved one's property when they pass away, especially if it's not clearly addressed in a will. Imagine you inherit a family home or an investment property. What are the steps to ensure it's handled correctly? In this episode of the Vicca Podcast, we'll walk you through the scenarios of specific bequests versus residue estate distribution. You'll learn how to transfer property to beneficiaries, navigate Queensland's stamp duty exemptions, and understand the potential capital gains tax implications. Whether you're an executor or a beneficiary, this episode will equip you with the knowledge to manage real property confidently and effectively.
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