| 1. |
|
| 2. |
|
| 3. |
|
My father left his property to his 4 children with a life estate to our mother. Can my mother sell the property during her life
Notasulga, AL
Viewed 43 times.
Posted 30 days ago in Estate Planning
Flag as objectionable
My father left his property to his 4 children with a life estate to our mother. Can my mother sell any part of the property? Or, do all 4 children have to sign a deed when she sells it?
Answers (3)Andrew Daniel Myers
This attorney is licensed in Massachusetts and 1 other state.
Posted 29 days ago.
Flag as objectionable
Your mother can not sell the property unless all four children sign the deed.
Your mother's "life estate" is just that. It means she has every right to live in the home for the rest of her life. But, you four "children" have a legal interest in the home in that upon her death all four of you will own it outright, albeit with 25% interests each. So, bottom line, yes, in order to sell the property during the lifetime of your mother, all five of you would need to sign the deed, the four offspring and your mom. This answer is provided for informational purposes only. Actual legal advice can only be provided in an office consultation by an attorney licensed in your jurisdiction, with experience in the area of law in which your concern lies.
Janet Lee Brewer
|