If this is in Michigan, it is not quite that simple. The wife gets the first $150k or so and then half of the rest. So if the house is worth less than $150k, she would get it all. There are additional allowances and exemptions that she could claim which would eat up more money, if the wife is inclined to do so. It is possible, if not likely, that upon her death, she would leave the house to you, but there is no guarantee that will happen. If she is not your mother, then you would not be considered to be HER heir. That being the case, SHE should get her estate planning in order, to clarify her intentions.
Answered on May 22nd, 2013 at 10:00 AM