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Can an incompetent person sign away their rights to their life estate?
Wiki User
∙ 12y ago
NO. The court must appoint a guardian and the matter will be reviewed to make certain it in the best interest of the ward to relinquish the life estate.
NO. The court must appoint a guardian and the matter will be reviewed to make certain it in the best interest of the ward to relinquish the life estate.
NO. The court must appoint a guardian and the matter will be reviewed to make certain it in the best interest of the ward to relinquish the life estate.
NO. The court must appoint a guardian and the matter will be reviewed to make certain it in the best interest of the ward to relinquish the life estate.
Wiki User
∙ 12y ago
Wiki User
∙ 12y agoNO. The court must appoint a guardian and the matter will be reviewed to make certain it in the best interest of the ward to relinquish the life estate.
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What happens in a life estate when the son gets divorced in wi?
A life estate is a right in property. Rights in property don't go away. The name on the life estate is the person that retains the rights to the life estate.
What were the changes in the rights of the second estate as a result of the National Assembly is not true?
Changes in the rights of the Second Estate as a result of the National Assembly included the abolition of feudalism. This in turn took away the seigneurial rights of the Second Estate.
Can someone explain what lifetime rights are in complete detail?
Rights based on the life of an individual are typically referred to as a life estate. It means the individual has rights to use or live in a home for as long as they live. There is always someone that gets the 'remainder' of the items, the person who gets what is left after the holder of the life estate passes away. A life estate can cause problems if the holder or the remainderman wants to sell or lease the property.
If the father of a child dies can parental grandparents get any rights to the child?
Yes, if the mother is absent or found incompetent the judge can take away her maternal rights at which point the next of kin will be asked to raise the child.
If you sign your rights away for your child and the person that adopted them passed away what happens from there?
I believe that you or that person would the getchild
Does a life tenant moving out of the life estate give full ownership to the owner?
No, it does not remove the life estate unless the bequethment document specifies that it must be occupied by the holder. The life estate remains as long as the individual is living. They can sell the life estate or sign their rights away, but it doesn't go away by moving out.
What happens to the life estate interest when the life tenant walks away from the property and the responsibilities that come with that?
If they sign away the rights, the remainderman gets the property free of the life estate. Walking away without signing it over, depending on the document that created the life estate, may be all it takes, but consult a property attorney in your area.
Is it proper for an executor to give away estate property?
The purpose of the executor is to liquidate the estate of the deseased per that person's wishes according to state and federal laws. Part of that may include donating property from the estate, essentially giving it away.
Can a person Give away their rights?
Yes they can. by saying "I give up."
Uncle ruled incompetent his sister appointed as gaurdian he passed away what happens to his estate?
If Uncle owned any property at the time of his death then his estate must be probated. His property will pass according to the laws of intestacy in his state. You can check the particular state laws at the related question link provided below.
If there is no money in a person's estate that has passed away do their loans that are unsecured have to be paid?
The estate is responsible for the debts of the deceased. The creditors should be notified of the death but they are out of luck is there are no assets.
How long can you wait before changing the name a deed after a person pass away?
If that person died owning real estate the estate must be probated in order for legal title to pass. You should consult with the attorney who handles the estate about drafting a new deed.
