What property value will be used if mortgage is taken to buy sibling out?
I hope your friend is not a lawyer, as they have no idea what they are talking about. First, the trust owns the house. You are the beneficiary. ...
New York, NY
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I hope your friend is not a lawyer, as they have no idea what they are talking about. First, the trust owns the house. You are the beneficiary. ...
It is better to answer. There is no question you got what is called a "preference", and such a claim, if brought, would likely be successful. ...
Subject to co-op board rules and procedures, yes.
Yes. You can make a claim in his estate. You need to see where an estate was filed. If nowhere, notify the Public Administrator in Kings County.
It depends whether there is anything requiring administration. It seems like this one asset is set. If there is something you can open an estate...
You cannot be evicted by your brother. In a co-op only the co-op can evict you, and for reasons in the proprietary lease.
If you all agree then yes. If not, then no, based on your post.
County of residence at death. Whether the site of death is a residence is a legal question for a lawyer. Address on death certificate is place to...
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It depends upon the exact terms of the will. Some leave it to living kids. Some leave to each branch of the family.
If there is nothing to administer, there is no reason to make an estate. An estate cannot file bankruptcy. The real property issue turns on the...