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dad has dementia and is now in assited living he has a life estate to his home and his daughters have their name on the deed. In order to sell the home so the monies could be put aside for his use if necessary prior to his death, who signs the contract of sale or do we need him to sign a relinquishment of the life estate
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Dad needs to first relinquish, or actually extinguish, his life estate. Does anyone have a Power of Attorney for Dad? That can be used to extinguish the life estate and then clear title can be passed to a buyer.
Answered on Apr 03rd, 2013 at 9:06 PM
Diana L. Anderson, Certified Elder Law Attorney This response is not legal advice and does not establish any form of attorney/client relationship