The exact language of the trust needs to be analyzed. Who is the trustee? If grandma has the life estate (assuming standard language, but, always, look at the trust document to answer any question regarding the trust), then she has the right to the possession and enjoyment of the property. She cannot commit waste, she has to keep it in good shape for when you take over. Spend a few bucks to have a lawyer review the particular language of this trust. Your lawyer may find specific things in your favor, or may find some leverage you can use against grandma.
Answered on Aug 02nd, 2013 at 7:44 PM