Upcoming Foreclosures

heir of trust getting real property including contents what about the auto?

At the time of death, the auto was at a car dealership for sale, the individual passed away and the heir is to receive the real property and all of its contents. The car sold shortly after the individuals death, the cars title has not passed to the new owner yet. Is the car considered part of the propertys contents since it was located in the garage prior to being taken to the car lot?

Public Comments

1. One might infer that the term "all of its contents" referred to all personal property, since usually personal propery is inside the real property, such as the furniture in a room. This question you have posed would also apply to any personal property situated OUTSIDE the physical property, since there might be lawn chairs sitting in the yard which would not be a "content" unless one were to consuider the land itself to be containing the lawn chairs, barbeque grill, and any other personal property located outside. The car normally would be in the same category, but in this case was temporarily located someplace else. "Contents" might also be a blanket term to cover anything other than real property, regardless of where it is located, such as the contents of a safe deposit box located in a bank.
2. I'm not answering the question because I do not know the answer... but I do know this much... either way the heir will be paying taxes.
3. If the car was at a dealership to be sold, it then belongs to the dealer... Maybe I'm reading you wrong, sorry if I am. But you can't get items that were previously sold by the original owner. The original owner already made arrangements for the car w/the dealership, therefore no longer his/her property.