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I cosigned for my brother-in-law's car. I have been making the payments because he has been sick. He just passed away. I do not want the car. His daughter still needs the vehicle. I can continue to make the payments or pay the loan off. I do not want to create any problem with the loan or ownership of the vehicle.
Which is the best way to ensure that the title can be transferred to my deceased brother-in-law's daughter with the least amount of hassle?
Just because you co-signed the loan does not mean your name is on the title of the car. Check this first.
If your brother-in-law's name is the only name on the title, the car is part of his estate, and it will be dealt with according to the terms of his will, or whatever local rules apply to the intestate. You can discuss with the executor whether the estate should also pay off the loan. Since you've personally had no benefit from the vehicle, this seems reasonable.
If your name is the only name on the title, it is your car to do with as you please. Give it to your niece, but you may be liable for gift tax (or she may be, if you're not in the USA).
If both your and your brother-in-law's names are on the title, you will have to work out with the executor what portion of the car is yours, and what belongs to his estate.
