Heirs’ Property Myths

Heirs property refers to land passed down informally from generation to generation without a will or formal estate plan, resulting in multiple family members owning shares in the property. This form of ownership is particularly common in rural and historically underserved communities and can lead to numerous legal and financial complications. Despite its prevalence, many misconceptions swirl around heirs property, obscuring both the challenges and opportunities it presents. Let’s debunk some of these myths and shed light on the realities of heirs property.