QUESTION
How do you clear title when life estate and remainderman agree to sell property
Asked on Apr 02nd, 2016 on Estate Planning - California
More details to this question:
I have life estate on mother property my brother is remainder an he died 6 years ago I want to sell property . The property was not in brother' trust but he left everything to his wife. We went to probate court and they told us to mediate so we did and she signed a release of her interest to sell property so how do we clear title to do so.
1 ANSWER
Estate Litigation Attorney serving Redlands, CA
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Price Law Firm, APC
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It depends on how she released her interest. If she is giving her interest to you, then she can sign a settlement agreement and a quitclaim deed to you. If she disclaimed her interest, then it would go to her heirs. You need an attorney.
Answered on Apr 06th, 2016 at 8:35 AM