QUESTION
How do we divide if we cannot agree?
Asked on May 07th, 2017 on Estate Planning - California
More details to this question:
Trust owns home. Two family members want to keep but other two do not want interest in home.
2 ANSWERS
You have not supplied any information as to what the Trust language states, which is what controls what happens to the house. If all 4 families are entitled to ownership, the ones who want to sell would have to sue for partition, which supposedly is a costly matter.
Answered on Jul 30th, 2017 at 11:28 PM
The Trustee must make the call.
Answered on Jul 30th, 2017 at 11:28 PM