suzyQ
05-30-2006, 04:12 PM
If a family member of mine has been left a life estate, and I have been left the remainder, what rights do I have?
The person left life estate is considerabley older than I am so there is more possiblility that they will pass before me and assumeabley the property is totally mine to do what I wish with it.
But what happens if I do die before the family member? Will they be able to take over the property legally and be able to sell or do what they wish with it? Or can I take actions now to leave this property to my wife and children in case I die before the person left the life estate?
Thank You for any information or advice on this subject.
The person left life estate is considerabley older than I am so there is more possiblility that they will pass before me and assumeabley the property is totally mine to do what I wish with it.
But what happens if I do die before the family member? Will they be able to take over the property legally and be able to sell or do what they wish with it? Or can I take actions now to leave this property to my wife and children in case I die before the person left the life estate?
Thank You for any information or advice on this subject.
