Compare Mortgage Quotes

Refinance Rates for Today

Please enable JavaScript for the best experience.

In the mean time, check out our refinance rates!

Company Loan Type APR Est. Pmt.

Life Estate

Posted on: 03rd Aug, 2012 08:46 pm
Hi...I spoke to a lawyer today, gave him 500.00 retainer. He is going to draw up a life estate, because my mom has decided to leave me the house. Prior to this, we did a will. In the will my brother is executor. The will speaks about real property and how it is to be divided 3 ways. My question is : Is the will going to clash with the Life Estate? She is leaving me the house, my name will be on the deed.
But other things are in the will, so and so gets 3, 000.00 and contents of house, and monies divided 3 ways. please, I need an answer.
I would suggest you to consult an attorney.
Posted on: 10th Aug, 2012 12:46 am
The will may clash with the the life estate deed. It will be better if you could contact a real estate attorney and take his opinion in this regard so that you won't face any issues later on.
Posted on: 14th Aug, 2012 03:53 am
Page loaded in 0.083 seconds.