When A Minor Inherits Property

The process of transferring ownership of real estate can be complicated when the transaction is between two adults. When one of the owners is a minor, the legal challenges are even greater.

A complicated matter like the sale of a minor’s interest in real estate must be handled by an experienced lawyer. Based in the Myrtle Beach area, the attorneys at Sligh Law Firm, have the knowledge and experience to protect your rights in these matters and other complex real estate law transactions.

Protecting Financial Interests

The minor can gain title to real estate in a number of ways. Perhaps their parents put their name on the deed so the property will remain in the family’s possession in the event of their untimely death. Perhaps the minor inherited the property or even purchased it.

However, the minor came into possession of the property, the challenges arise when they and/or the property’s co-owner wishes to sell the property before the minor’s 18th birthday.

It is important that the minor’s financial interests are protected in the sale of any property they own or co-own before they reach the age of majority. It may be necessary to appoint a guardian ad litem to advocate for the minor in court.

Our Attorneys Are Here To Help

We have a proven record of success handling real estate transactions and litigation for clients in Conway and throughout the Myrtle Beach area. To learn how we can help you, please contact our law offices online or by telephone at 843-919-7747.