It depends on the state that the property is in. In a separate property state the spouse would not acquire an interest. In a community property state if the property is acquired by deed during the marriage it becomes community property.
The life tenant acquires the right to the use and possession of the property for the duration of their natural life. The life tenant does not own the fee in the property. The fee is owned by the remainders. Upon the life tenants death the life estate is extinguished and the remainders own the property free and clear of the life estate.
This is the reason people set up certain tenancies when they buy real property together. The parties purchasing the property should discuss this issue in advance. If you hold the property as joint tenants with the right of survivorship then the decedent's interest passes to the surviving joint tenant when they die. If you own the property as tenants in common then the decedent's interest passes under her will or to her next of kin if she dies intestate. In that case her estate would need to be probated for title to pass to her heirs.
The married person has the individual right to the use and possession of the property for the duration of their natural life. When they die the life estate is extinguished. If they had been inhabiting in the life estate property with a spouse the spouse must vacate the property upon the death of the life tenant.The married person has the individual right to the use and possession of the property for the duration of their natural life. When they die the life estate is extinguished. If they had been inhabiting in the life estate property with a spouse the spouse must vacate the property upon the death of the life tenant.The married person has the individual right to the use and possession of the property for the duration of their natural life. When they die the life estate is extinguished. If they had been inhabiting in the life estate property with a spouse the spouse must vacate the property upon the death of the life tenant.The married person has the individual right to the use and possession of the property for the duration of their natural life. When they die the life estate is extinguished. If they had been inhabiting in the life estate property with a spouse the spouse must vacate the property upon the death of the life tenant.
An estate is all the property a person owns both real and personal. Community property is property acquired by married people in certain states (called community property states). It can be acquired in one parties name or both but if acquired during the marriage it becomes community property that will be divided evenly in the case of a divorce.An estate is all the property a person owns both real and personal. Community property is property acquired by married people in certain states (called community property states). It can be acquired in one parties name or both but if acquired during the marriage it becomes community property that will be divided evenly in the case of a divorce.An estate is all the property a person owns both real and personal. Community property is property acquired by married people in certain states (called community property states). It can be acquired in one parties name or both but if acquired during the marriage it becomes community property that will be divided evenly in the case of a divorce.An estate is all the property a person owns both real and personal. Community property is property acquired by married people in certain states (called community property states). It can be acquired in one parties name or both but if acquired during the marriage it becomes community property that will be divided evenly in the case of a divorce.
You are entitled to give your property to whomever you wish. However, the spouse may have priority on real property, particularly the homestead. Consult an estate planning attorney for the best ways of doing this.
If the property was part of the estate then the proceeds are also part of the estate.
No. As of 2014, Domestic Partners are not recognized under Missouri law, and are considered legal strangers to each other. Without a will, it's likely the property would go to next of kin.
If the property is in the estate, the estate is responsible for them. You are entitled to be reimbursed if you have paid them for the estate. Submit your claim to the executor.
No. What you inherit is yours, not his, and it isn't community property.
When a couple is not legally married they have no statutory rights in the other's estate. Their separate property would pass to the child. Any property held as joint tenants with the right of survivorship would pass to the survivor.
The executor is responsible for maintaining the value of the estate. That includes insuring that repairs and maintenance are done on the property. Until the property is transferred to the inheritor, it is the responsibility of the estate.
You do not own property when you have a life estate. A life estate provides you with the rights to the use and possession of the property for the duration of your natural life.If a married couple are older and want to avoid probate but remain in their home they can transfer their property to their adult children and reserve life estates in the deed. They would no longer own the property but they would have the right to life use as expressed above. The children would own the property subject to the life estates.You do not own property when you have a life estate. A life estate provides you with the rights to the use and possession of the property for the duration of your natural life.If a married couple are older and want to avoid probate but remain in their home they can transfer their property to their adult children and reserve life estates in the deed. They would no longer own the property but they would have the right to life use as expressed above. The children would own the property subject to the life estates.You do not own property when you have a life estate. A life estate provides you with the rights to the use and possession of the property for the duration of your natural life.If a married couple are older and want to avoid probate but remain in their home they can transfer their property to their adult children and reserve life estates in the deed. They would no longer own the property but they would have the right to life use as expressed above. The children would own the property subject to the life estates.You do not own property when you have a life estate. A life estate provides you with the rights to the use and possession of the property for the duration of your natural life.If a married couple are older and want to avoid probate but remain in their home they can transfer their property to their adult children and reserve life estates in the deed. They would no longer own the property but they would have the right to life use as expressed above. The children would own the property subject to the life estates.