Free Legal Advice Philippines

Disclaimer: This web site is designed for general information only and does not create attorney-client relationship. Persons accessing this site are encouraged to seek independent counsel for legal advice regarding their individual legal issues.

Log in

I forgot my password




You are not connected. Please login or register

Need advice on property of deceased parents

View previous topic View next topic Go down  Message [Page 1 of 1]

1 Need advice on property of deceased parents on Mon Sep 10, 2012 11:53 am

vandolph1963


Arresto Menor
Our mother passed away two months ago and our father passed away last 2000. They owned a residential lot in Pampanga and our house in Quezon City. Both properties are in their names. We have been trying to sell the residential lot even before our mother died to pay for her medical bills. Until now, we haven't found any buyer. We do not plan to sell our house in Quezon City since it is our residence.

I have consulted a few lawyers on what needs to be done with the two properties. One lawyer said that we have to pay the inheritance tax within six months. Another lawyer said that we can get away with paying the inheritance tax. Another lawyer said something about the extrajudicial settlement. I do not know who is right.

I am not a lawyer and I do not understand all those legal jargons. What i need is a simple explanation on what we need to accomplish to allow us to sell the residential lot without any hitches and keep our house and lot in Quezon City. Of course, it would be best if we can keep any expense or tax to a minimum since the residential lot is not of high value, anyway.

View user profile

View previous topic View next topic Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum