It sounds like your father has placed his home in a living trust and your mother is the beneficiary after your grandfather passes away. The home will be included in your grandfather's estate for purposes of paying his debts at his death. Your grandfather could give the home to your mother today, and maybe it escapes being part of his estate if he survives for mroe than 5 years.
Answered on Jan 25th, 2017 at 6:17 AM