Legal Question in Wills and Trusts in Illinois

Selling an Estate

My grandmother died 4 years ago in January. We couldnt sell her house for a year. So an Aunt moved in. She has lived there for the last 4 years. We have kept up the taxes and the insurance on the house. She has decided to purchase the house and when we got the break down from the lawyer it had taken off real estate tax proration off the amount that we sold the house for. Why would we have to pay that tax when we have kept up the taxes. The taxes for a year is 600.00 and the prorated it to $1527.50. I cant seem to figure this out. Any information would be appreciated.


Asked on 4/02/02, 11:04 pm

1 Answer from Attorneys
Sanford Martin Martin Law Office

Re: Selling an Estate

You need more information. Ask the county tax collector the amount of property taxes due on the house at the time of sale. Or the person who handled the closing or settlement should have the details. The amount of taxes due and the yearly taxes indicate that more than 2 years of taxes were due at time of sale. So you will have to get the details from the tax collector; it is public information.

Read more
Answered on 4/03/02, 2:00 pm


Related Questions & Answers

More Probate, Trusts, Wills & Estates questions and answers in Illinois