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My father made me joint owner of his property before he died and now my siblings want a share of his estate. What should I do?
Wiki User
∙ 14y ago
If your father transferred his property to you and he as joint tenants with the right of survivorship his interest passed automatically to you when he died. You are the sole owner of his property and there is no estate that needs to be probated. He wanted you to own the property. You have the right to explain that to your siblings and turn down their requests for a share of his estate. Depending on the size of the estate, you could volunteer to share but no one has the right to demand a share.
Wiki User
∙ 14y ago
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If your father dies are you and your siblings responsible for his bills?
Your father's estate is responsible for his debts. If he owned any property at the time of his death (including real estate, personal property, bank accounts, etc.) his estate must be probated and that property must be used to pay his creditors. If he owned no assets then his ceditors are out of luck and you should send the bills back with a copy of his death certificate.
Do you need to probate your father's estate if he left a living trust before he died?
Probate is typically not needed for assets held in a living trust because they pass directly to the beneficiaries named in the trust. However, any assets that were not properly placed in the trust before your father's death may still need to go through probate. It's important to review the trust document and consult with an attorney to ensure all assets are properly accounted for.
What is property handed down from father to child?
Property handed down from father to child is an Estate and whatever is in that Estate such as monies; property or contents of the house; owning cars; boats, etc., is an inheritance to the child named in the father's Wills.
Can i get an equity loan on a house i own but the mortgage is in my father's estate?
If you mean that you own your property and had granted a mortgage to your father then his estate must release it. His estate must be probated in order for an estate representative to have the authority to issue a release. The bank will likely want the probate issues to be addressed before it will loan any money to you unless you own a considerable amount of equity in the property. The best thing to do is ask around at local lenders.If you mean that you own your property and had granted a mortgage to your father then his estate must release it. His estate must be probated in order for an estate representative to have the authority to issue a release. The bank will likely want the probate issues to be addressed before it will loan any money to you unless you own a considerable amount of equity in the property. The best thing to do is ask around at local lenders.If you mean that you own your property and had granted a mortgage to your father then his estate must release it. His estate must be probated in order for an estate representative to have the authority to issue a release. The bank will likely want the probate issues to be addressed before it will loan any money to you unless you own a considerable amount of equity in the property. The best thing to do is ask around at local lenders.If you mean that you own your property and had granted a mortgage to your father then his estate must release it. His estate must be probated in order for an estate representative to have the authority to issue a release. The bank will likely want the probate issues to be addressed before it will loan any money to you unless you own a considerable amount of equity in the property. The best thing to do is ask around at local lenders.
Can you sell a real estate property titled in trustee after owner dies?
Can you sell a real estate property titled in trustee after mother and father dies
Who is responsible for judgment on property inherited from deceased father?
The judgement should be resolved before the property is transferred. If there are not enough assets to cover it, the property would have to be sold to pay the judgement. If someone wants the house, it might make sense for them to pay it to keep the property.
How do we divide father's property with sisters?
You might divide father's property with sisters by selling the property and dividing the money equally between the siblings. You could also ask each sister what they would like to have from the father's property.
Are pa siblings liable for burial costs?
If you mean your father's siblings, no. If you mean your siblings not necessarily. The estate should pay all outstanding debts before any inheritances are paid out. The executor named must perform these duties and provide proof of all expenditures.
If your father inherited property without a will how can he be the owner of the property?
When a person dies without a will, the decedent's property passes to heirs at law according to the state laws of intestacy. An estate that has real estate must be probated in order for title to real estate to pass to the heirs legally. Therefore, it is important to make certain the decedent's estate was probated and that title to the real estate passed to your father legally.If your father was the only heir at law of his deceased parent then his title to the property is established through the Probate Court. If you have questions about the title to the property you should discuss the situation with an attorney who specializes in probate and real estate law. The attorney can make certain the estate was properly probated and could draft a deed that can be recorded in the land records to get the property into your father's name.
Do grandkids get anymoney if their father dies before his father from estate?
It will depend on the specific wording of the will. In most cases they would get their father's share of the estate.
Do you need to probate your father's estate if he created a living trust before he died?
You need to probate your father's estate if he owned any property at death that was not transferred to his trust. You should have a copy of the trust. If you're not sure you should consult with an attorney who specializes in probate law.
What rights does a husband have to real estate and all other property in Oregon left solely to his wife by her father in an unwitnessed holographic will?
Oregon is not a community property state. The husband is not an heir of his wife's father. The husband has no rights in or to to the real estate.
