Home arrow Mortgage Forums arrow Deeds, Property Transfer and Estate Planning arrow

does a quit claim deed supercede a bequest in a will?

Author Message
Icon Mini Profile reygwen





Joined: 09 Nov 2009

Posts: 1

1.40 Dollars($)
Post Posted: Mon Nov 09, 2009 2:08 pm    Post subject: does a quit claim deed supercede a bequest in a will?
Like 0
Dislike 0

My parents quit claimed a house to me 10 years ago before their deaths. This same house is still listed in their will as being property to be sold and divided between myself and my siblings.

Is the house legally mine without having to be sold and divided, or do I have to return it to my parents estate?
P.S. I cared for both of my parents without help from my siblings for over 15 years.
Icon Mini Profile jameshogg
jameshogg




Joined: 20 Dec 2005

Posts: 10148
Location: Nevada
941.94 Dollars($)
Post Posted: Mon Nov 09, 2009 7:39 pm    Post subject:
Like 0
Dislike 0

Hi reygwen,

A quitclaim deed will come into effect during the lifetime of the grantor whereas the will would come into effect after the grantor's death. In such a situation, the quitclaim deed will be taken into consideration rather than the will. However, you may even contact a real estate attorney and take his opinion in this regard.

Thanks
Dale

Guest







Post Posted: Sun May 30, 2010 5:44 am    Post subject: Mortgage insurance
Like 0
Dislike 0

My sister's common law husband died. They had a joint mortgage with loan protector insurance. The loan was fully paid...her common law husband had a 30 year old will which made his former wife the beneficiary. Does his former wife have any claim to the house?
Icon Mini Profile adonis
adonis




Joined: 22 Oct 2005



Posts: 10242
Location: ALASKA
1042.50 Dollars($)
Post Posted: Sun May 30, 2010 10:22 pm    Post subject:
Like 0
Dislike 0

Welcome Dale,

I've given my suggestions in regards to your query at:
http://www.mortgagefit.com/propertytransfer/formerwife-will.html

Take a look at it. Hope it helps you.

_________________
Procrastination is the enemy of your financial success
Jude

Guest







Post Posted: Sat Apr 16, 2011 12:55 pm    Post subject: Does a will supercede a quit claim deed?
Like 0
Dislike 0

I filed a quit claim deed with a life estate which would give my house to my sister. Things have occurred which make me want to change the deed to another relative. If I file a handwritten will, would that supercede the currently filed quit claim deed?
Icon Mini Profile Niicss
Niicss




Joined: 03 Oct 2005

Posts: 4770
Location: New Jersey
499.28 Dollars($)
Post Posted: Mon Apr 18, 2011 2:26 am    Post subject:
Like 0
Dislike 0

As far as I know, a will won't supersede the quitclaim deed. The deed will come into affect during the lifetime of the grantor whereas the will goes into affect after the death of the grantor. If you want to change the deed, then you'll have to ask your sister to sign a deed and give up her life estate rights on that property.
_________________
Good is the Enemy of Great.

All times are GMT - 7 Hours
Page 1 of 1

 
Refinance Quotes
Call for Rates
888-485-7561
Speak to a lender now.

We will match calls to our toll free number with our network of lenders.

Ask Questions
Community Attorney
Joshua Heard - Attorney Joshua Heard
Houston, Texas






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


Our Community
MortgageFit Blog
Community Professionals
Community Rewards
Introduce yourself
Website tools


Community Rewards
Five simple ways to earn money with the Mortgage Community.

New and upcoming tools
Credit Repair Tool New
Mortgage Planner
Simple Budgeting Tool






Community Chat

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 21.117 seconds.