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View Full Version : Moms life estate rights by age New York


jbkinny
10-08-2007, 09:08 AM
What is the amount paid to a 81 year old women on property that is being sold? Amount of sale 225,000

seniorjudge
10-08-2007, 10:40 AM
Q: What is the amount paid to a 81 year old women (sic) on property that is being sold? Amount of sale 225,000

A: The amount she agrees to take.

cyjeff
10-08-2007, 11:08 AM
I don't understand the question.

Are you asking how much of the money made from the sale of her home she gets to keep?

That may be the most cold hearted post on this board yet.

jbkinny
10-08-2007, 05:22 PM
First of all who are you do judge me i was only asking a legal ?. This women
who has made my life a living hell since the day i was born and is bipolar. This life estate was set up by by father through there attrony as a safeguard before he died because of my Mothers illness. All i asked was if anyone knew what life estate was as to how to pay for all the back taxes unpaid bill that i have to pay because of my mothers actions. Before you make a statement again and hurt someone who is ready at there wits end maybe you think before you write!!!!!!!!!!!!!!:mad:

Marketeer
10-09-2007, 09:14 AM
There's no hard and fast answer to your question. It sounds like the situation is complicated, and it might be helpful to you to pay for an hour or two of an attorney or tax accountant's time.

Troubleshooter
10-14-2007, 12:03 PM
What is "life estate"? Is it some private investment plan? A reverse mortgage? A brand name?

I never heard of the term.

The original question seemed to be a simple sale of property.

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