ALTA Applauds Introduction of HEIRS Act of 2024 [Yahoo! Finance]
Federal National Mortgage Association (FNMA)
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Source: Yahoo! Finance
WASHINGTON April 26, 2024 /PRNewswire/ -- The American Land Title Association (ALTA), the national trade association of the land title insurance industry applauds the introduction of the Heirs' Estate Inheritance Resolution and Succession (HEIRS) Act of 2024. Led by Rep. Nikema Williams (D-GA), alongside Rep. Emanuel Cleaver (D-MO), Rep. Lizzie Fletcher (D-TX) and Rep. Byron Donalds (R-FL), the HEIRS Act will preserve family legacies and the transfer of generational wealth by establishing a grant program to provide legal assistance for heirs' property owners to clear titles and incentivize states to adopt the Uniform Partition of Heirs Property Act. Property passed down from generation to generation without formal wills or estate planning documents leaves families open to legal and financial risks. A financial and knowledge gap prevents many families from taking steps to appropriately secure their legacies. Unfortunately, challenges presented by heirs' property disproportionately a
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FNMA
Analyst Actions
- 2/26/24 - Keefe, Bruyette & Woods
FNMA
Sec Filings
- 4/30/24 - Form 8-K
- 4/30/24 - Form 10-Q
- 4/26/24 - Form 8-K/A
- FNMA's page on the SEC website