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If real est in Mich is deeded in mother's name with a life estate to daughter and son does the property go to the State of Mich or to the daughter and son?
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Life estate Mothers real property lives there has 2 children deeded half ea. Who has to pay the property taxes while mother is alive and living in the house Could she have reversed the Life Estate?
who evers name is on the deed is legally responsible
My sister has died a year after inheriting your mothers estate does this form part of her estate or will it go back to your mothers estate?
The property is now part of your sister's estate.
Is there a statute of limitations in Florida on property deeded half to a living person and half to an estate?
There is no 'statute of limitations' regarding property. It sounds like a life estate that will revert to the estate. You should consult an attorney in your state for specifics.
Can a mortgage be omitted from probate if the property was deeded to someone else before death?
No, the mortgage is a debt of the estate. That mortgage must be resolved before the property can be transferred.
Can a lien be placed on a home deeded with lifetime rights?
Yes, they can place a lien. The property still has value and the life estate doesn't effect that.
Can power of attorney release a life estate deed deeded to a son?
Not once it has been deeded. Only the person granted the life estate can release it.
Can your deceased mothers life estate property be reversed?
A deceased person could have their life estate property revised. It is best to seek the advice and assistance of a lawyer.
You deeded your home to your children and retained a life estate can they sell the home if you agree and sign off?
Yes. If you join in the deed by signing it with language added that you are releasing your life estate the property can be sold free and clear of your life estate.
What are the consequences of selling your mothers house which is becoming a financial burden as deeded owners with a life estate in place while she is still living but in a nursing home and you are th?
Do you have Power of Attorney for her? If not, consult a real estate attorney. Something can be worked out.
If the child who has been given a house with a parent having lifetime right of occupacy and the daughter has to go to a nursing home and becomes indigent is the house part of the daughter's estate?
Generally, the daughter would own the fee in the property subject to the mother's life estate. So the answer is yes, the property would be part of the daughter's estate.
If my daughter dies before me what happens to the life estate I made?
I will assume that you conveyed your real property to your daughter and reserved a life estate in that property. In that case, your daughter is the owner of the property. She can leave it to someone in her will or it will pass to her heirs-at-law under the laws of intestacy in your state. Generally, if she is married with children, her husband and children will inherit the property if she has no will. You can check your state laws of intestacy at the related question link provided below. Your daughter's death will not affect your life estate. Whoever would inherit her property upon her death either by will or by intestacy would inherit it subject to your life estate.
If a property is owned by the daughter and the deceased mother is that considered the deceased estate?
The rights in the real property are a part of the estate. If the property was owned with rights of survivorship, the daughter may claim title without going through probate. Consult an attorney who does probate work in your jurisdiciton.
