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Life Estate

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Icon Mini Profile chaskins114





Joined: 09 Jun 2009

Posts: 1

1.00 Dollars($)
Post Posted: Tue Jun 09, 2009 7:55 am    Post subject: Life Estate
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My mother died 2008 leaving me the only one a life estate in her home. Unfortunately ahead of her passing away my older sister moved in changing her will giving her a life estate. I am now fighting in court to be paid for my life estate being a constructual eviction occurred. Would my mothers age she was 91 increase the value of the life estate
Icon Mini Profile Niicss
Niicss




Joined: 03 Oct 2005

Posts: 4770
Location: New Jersey
499.28 Dollars($)
Post Posted: Wed Jun 10, 2009 2:24 am    Post subject:
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Hi chaskins

I think your attorney will be the right person to comment on this. If your mother has given the life estate rights to your older sister, then she will have the right to stay in the property. As far as age is concerned, I don't think it would be considered as a factor to increase the value of life estate.

Thanks.

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