Home arrow Mortgage Forums arrow Announcements Feedback and Our Pub arrow

If a person gets married and then passes away leaving the enhanced life estate deed to family can the new spouse over turn it

Author Message
Icon Mini Profile jatana





Joined: 31 Oct 2010

Posts: 1

1.00 Dollars($)
Post Posted: Sun Oct 31, 2010 6:06 pm    Post subject: If a person gets married and then passes away leaving the en
Like 0
Dislike 0

We have a family member getting married soon, and has made a will putting a ELE deed for a family member. The soon to be new spouse is pushing for a quick marriage and so concerns are why the hurry. There is a 10 year difference in their age one being 75 and the 0ther 65. The 75 has emphysema? and in declining health so should there be some concerns.
Icon Mini Profile adonis
adonis




Joined: 22 Oct 2005



Posts: 10574
Location: ALASKA
1090.82 Dollars($)
Post Posted: Sun Oct 31, 2010 8:21 pm    Post subject:
Like 0
Dislike 0

Hi jatana,

If the person who is getting married leaves a property deed transferring the property to someone else, then the newly married spouse will not be able to over turn it. The deed will be considered as valid and the grantee mentioned in the deed will be considered as the owner of the property.

_________________
Procrastination is the enemy of your financial success
Quick Reply
Your Name
Subject
Image Verification


Can't read the image? click here to refresh
Message body

All times are GMT - 7 Hours
Page 1 of 1

 
Highlights

Bookmark this page

Helpful References

Mortgage Guide
Mortgage Terms
Mortgage News
Book Center
Shop and Compare lenders
30 Yr. Fixed Vs. 5/1 ARM


Calculators

     [View all]
Are you eligible for loan?
How much you can afford?
Calculate monthly payment
Calculate APR


Financial Tools

Credit Repair Tool New
Mortgage Planner
Simple Budgeting Tool


Our Community

MortgageFit Blog
Community Professionals
Community Rewards
Introduce yourself
Website tools


Community Rewards

Five simple ways to earn money with the Mortgage Community.

MortgageFit on Twitter

Followers (252)











We have chosen to apply the Creative Commons Attribution License to all works we publish. This work is licensed under cc by 2.0
Page loaded in 0.110 seconds.