The current life estate trustee no longer want to upkeep the house and wants to sell it. Can She? Can she abandon the property?

Asked over 1 year ago - Santa Rosa, CA

The trust after her death goes to the daughter, again a life estate and when she dies the estate goes to the grandchildren. If the current widow can sell the house does the money go directly to the grandchildren. If she abandons the house does it revert to the next trustee or can it go again directly to the grandchildren, all now over 18 years of age.

Attorney answers (3)

  1. Charles Adam Shultz

    Contributor Level 19

    3

    Lawyers agree

    Answered . It depends on the terms of the trust. The trust needs to be reviewed. You should contact a local attorney immediately and bring them the trust.

    The general advice above does not constitute an attorney-client relationship: you haven't hired me or my firm or... more
  2. Michael Leo Potter

    Pro

    Contributor Level 20

    2

    Lawyers agree

    Answered . So there are TWO Life Estates - which essentially means that the current Life Estate holder cannot sell the property, as it would go to the daughter (for her life) before it ends up in the outright ownership of the Grandchildren (as tenants-in-common). I'd get a California Estate Planning to review the Trust document and provide guidance. See Avvo.Com under Find-A-Lawyer. Good Luck.

  3. James P. Frederick

    Contributor Level 20

    2

    Lawyers agree

    Answered . I agree with Attorney Shultz. You have not provided enough information to really determine what is happening. The trust provisions are very likely to answer your questions. If they are not clear to you, then you should have a trust attorney review the terms to help you determine where you stand.

    James Frederick

    ***Please be sure to mark if you find the answer "helpful" or a "best" answer. Thank you! I hope this helps. ******... more

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