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If a sibling fails to contribute their share of the property taxes on an inherited property can they lose their interest in the property?
Wiki User
∙ 13y ago
No. The only way they could lose their interest is by a court order. You would need to sue them for not paying their share. If the property was sold you could deduct from their share of the proceeds the amount they failed to pay for expenses. If it's a serious problem you should consult with an attorney who can review your situation and explain your options. You may consider buying them out.
Wiki User
∙ 13y ago
If a sibling fails to contribute to property taxes on an inherited property, they may not automatically lose their interest in the property. However, it can lead to conflict with other co-owners and potential legal actions to resolve the issue. It's recommended to address these matters through communication, negotiation, or legal intervention if necessary.
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Can an inheritance be relinquished from one sibling to another?
Yes, an inheritance can be relinquished from one sibling to another through a legal process known as a disclaimer. The sibling who wishes to relinquish their inheritance must formally disclaim their rights to the assets being inherited, allowing them to pass directly to another sibling according to the terms of the will or laws of intestacy. It is important to follow the specific legal requirements for disclaiming an inheritance in order for the transfer to be valid.
Can an heir who is the trustee of his sister's special needs trust sue her trust to get money for another sibling who was written out of the will?
It would depend on the terms of the trust and the laws of the specific jurisdiction. Generally, the trustee has a legal duty to follow the terms of the trust and act in the best interest of the beneficiary. It may be challenging for the trustee to sue the trust to distribute funds to a sibling who was not named as a beneficiary.
If siblings inherit a house from their mother at her death who is responsible for yearly property taxes if only one sibling lives in the home?
The sibling living in the home is responsible for paying the annual property taxes. The other siblings may have a financial responsibility to contribute to the costs associated with maintaining the property, but the one residing in the house typically bears the responsibility for property taxes. Arrangements for sharing expenses can be agreed upon among the siblings.
Can an executor hide information from a sibling?
An executor has a duty to act in the best interest of the estate and its beneficiaries, which includes being transparent and providing information to the beneficiaries. Hiding information from a sibling could be seen as a breach of fiduciary duty and may have legal consequences. It is important for all beneficiaries to have access to relevant information about the estate.
Six siblings are in the midst of selling deceased parents' home One wants to leave his share to girlfriend should he dies before sale Is this legal?
It may be possible for the sibling to leave his share to his girlfriend in his will, bypassing his siblings. However, this could lead to potential disagreements among family members and legal challenges. Consulting with a legal professional to ensure all parties are aware and in agreement of the arrangement is advisable.
In NC Can a judgment against 1 sibling cause a lien to be placed on inherited property owned by 9 siblings and prevent sale?
Generally, a judgment against one of nine siblings who have inherited property will affect only that person's 1/9 interest. It will not prevent the sale of the property. However, the debtor sibling's 1/9 share of the proceeds will be held back at the closing and used to pay off the lein.
How can one force a quitclaim to property of a sibling who inherited an equal part but refuses to make equal payment of the mortgage?
I recommend contacting a lawyer or at least a Realtor. You may have to file suit to get action from the sibling that is falling behind. It will be worth it to not lose the equity in the property.
What happens to the house when both parents die and a sibling is living at the property?
The property goes into the estate and distributed. It is possible that it could be inherited. Most likely it will need to be sold and the proceeds divided between the children.
How do you change your deeds when your sibling owns half?
You need to consult with an attorney who can arrange to draft a proper deed that conveys your sibling's interest to you.You need to consult with an attorney who can arrange to draft a proper deed that conveys your sibling's interest to you.You need to consult with an attorney who can arrange to draft a proper deed that conveys your sibling's interest to you.You need to consult with an attorney who can arrange to draft a proper deed that conveys your sibling's interest to you.
In Georgia when a property is owned by two people - sibling inherited property - is there a way to sell if one wants to and the other doesn't?
Yes, it is called "partition" and can be complicated, depending upon the exact words used in the deed or the will, and local state laws. See an attorney.
Can one sibling have grant deed changed to his name before probate and claim property as his own?
The sibling does not have the right to change a grant deed. Only the property owner can make such a change.
Can a minor quitclaim a deed to an adult sibling for property that was inherited?
No a minor has no legal capacity to contract. The minor needs to have a guardian appointedfor him to represent him and to act on his behalf.The will may have selected one andthat appointment is confirmed by the court, or an alternative individual appointed.
Can a sibling force the other sibling to pay them money if their parents died and only one stayed home and continued to pay mortgage for years after the other left?
If your surviving parent died intestate (without making a will) without leaving their home to you then their estate must be probated in order for title to the property to pass to the heirs. I am assuming your parents owned the property as joint tenants with the right of survivorship and after the first parent died their interest passed automatically to the surviving spouse. Intestate property passes according to the laws in the state where the property is located. You should collect and make copies of proof all mortage payments you made. You should also collect and make copies of all the property tax, insurance and repairs you have paid for. Your sibling is probably legally entitled to one half of the value of the property. Your lawyer should seek to charge off one half of every bill you have paid to maintain the property against your sibling's half in order to reduce the amount you will need to buy her interest and obtain clear title to the property. Perhaps the full amount of the mortgage payments could be deducted from your sibling's half. You should contact an attorney to discuss your rights, your options and how to arrange to have the title transferred to you legally.
If one sibling filed chapter 7 and there is property that is left by your deceased parents but no succession has been filed by your siblings can a trustee sell the property to pay creditors?
Only that property that is determined to be owned by the sibling. If property is owned jointly between the sibling and the remaining family, the remaining family may be forced to get a loan to pay the appraised value of the siblings share. As this Q is frequently referred to by those asking about a trustee that is a sibling.....a trustee is NOT the owner of any of the proerty he is trustee for...in fact, IT CANNOT be used for his personal needs.
Can an executor of an heir eviction a sibling from property that they live in of the deceased?
They do have that ability to have them removed. The property belongs to the estate and the executor is responsible for it. They can rent or sell the property.
Can a sibling sue another sibling for interference with inheritance?
That's the decision of the executor of the estate. If the other siblings want to keep the property, they would have to pay the other for their share.
Is working with a sibling considered conflict of interest?
It depends on the context. In most cases, no, but there are cases where it could be.
