tag:blogger.com,1999:blog-28615751.post7422902168910938377..comments2024-03-28T20:17:04.492+08:00Comments on TOPAZ HORIZON: Ask Frances: How should I use my inheritance?Franceshttp://www.blogger.com/profile/03762850601924680898noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-28615751.post-24077459257046253282016-10-03T10:47:19.415+08:002016-10-03T10:47:19.415+08:00Commenting anonymously since I agree that she real...Commenting anonymously since I agree that she really must consult a lawyer in person and present all the documents to that lawyer so he/she can give complete professional advice. But from the bare facts given, I assume that after the dad died, his estate was never settled. Hence, the proper estate taxes were never paid and the properties were never transferred. What is RP's basis for saying that certain properties were left to her? Did her dad leave a will? If he didn't, then the properties should have been adjudicated in accordance with our laws on succession. All these issues should have been settled in proceedings following his death. She also mentioned that her mom kept the titles and mortgaged these after the dad died. But she couldn't have legally done this if the titles were still indeed in other people's names. Lalo na if she and the dad were never married. But in any case, if the properties were mortgaged and the amortizations haven't been paid for 10 years already, the mortgage would most likely have been foreclosed years ago, and the properties should have been sold at a public auction. Assuming that the regular course was followed, sorry RP, but those properties may have been lost already. The law only gives a 1 year right of redemption to the mortgagor (yung umutang) to redeem the properties lost through foreclosure.<br /><br />Anyway, this is a complicated legal issue and a lawyer who specializes in property and succession laws would be your best hope. Unfortunately, things like this really happen. The best of luck to you. I hope that whatever happens, you find peace with it. A wedding is a great chance for a new beginning. Best wishes!Anonymousnoreply@blogger.com