Homeownership is a key tool for building wealth and financial stability. But heirs’ property, which occurs when multiple descendants own a property without a clear title, is an unstable form of ownership susceptible to forced sales that can result in property and wealth loss.
The Uniform Partition of Heirs’ Property Act (UPHPA), which has passed in 26 states and has been introduced in 5 others, was designed to address the adverse outcomes heirs’ property owners can face. But more work remains to ensure that homeownership can be preserved. Join us as we discuss the conditions that gave rise to the UPHPA and its impact on forced property sales among heirs’ property owners.