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What happens to the house when both parents die and a sibling is living at the property?
Wiki User
∙ 14y ago
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.
Wiki User
∙ 12y ago
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How can you take possession of your parents property from a sibling when you have been living at that resident and the other sibling lives in another state?
The only way you can "take possession" of property is by being the legal owner.If your parents are deceased then the estate of the last living parent must be probated in order for legal title to pass to the heirs. Title will pass according to the Will if the parent died testate. It will pass according to the laws of intestacy in your jurisdiction if there was no Will. If there was no Will, you may need to buy your siblings interest in the property if you want to become the sole owner. When a parent dies without a Will (intestate) their property passes according to law to all legal heirs regardless of where they live.You need to consult with an attorney who specializes in probate law in your jurisdiction who can review your situation, review the title to your parents' property and explain your rights and options.You can check the laws of intestacy in your jurisdiction at the related question link.
What rights does an adult child have living in the home of deceased parent with a will dividing property equally among 3 other siblings?
The child who is living in the home will need to come to an agreement with the other siblings who are the new owners of the property along with the resident sibling. They may need, or decide, to sell the premises and divide the net proceeds among the heirs.The child who is living in the home will need to come to an agreement with the other siblings who are the new owners of the property along with the resident sibling. They may need, or decide, to sell the premises and divide the net proceeds among the heirs.The child who is living in the home will need to come to an agreement with the other siblings who are the new owners of the property along with the resident sibling. They may need, or decide, to sell the premises and divide the net proceeds among the heirs.The child who is living in the home will need to come to an agreement with the other siblings who are the new owners of the property along with the resident sibling. They may need, or decide, to sell the premises and divide the net proceeds among the heirs.
What does the Revocable Living Trust provide?
A revocable living trust is very similar to a living will. The owner of money or property can determine what happens to their estate after their death.
What is the sibling household family?
Candice Richards -A sibling household consists of children living by themselves due to the death of their parents or as a result of their parents abandoning them. The eldest usually is the most responsible individual and he or she works and provides for the younger children .You may think what the advantages and disadvantages are.Well brainstorm
Am I liable if anything happens to someone living in my property rent free?
Yes you will remain liable
Can a sibling living in the same state as another sibling carry that sibling under their auto insurance policy?
You can carry anyone on your policy if the vehicle is in your name.
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.
Can a teenager move out of their parents home at 16 and live with an adult sibling?
In many places, a teenager cannot legally move out of their parents' home without their consent until they reach the age of majority, typically 18. Living with an adult sibling may not be considered an appropriate living arrangement by authorities unless certain legal steps are taken, such as obtaining custody or guardianship of the teenager. It is advisable to consult with a lawyer or social worker for guidance in such situations.
Who inherits in an intestate estate in Arkansas?
That will depend on what relations are living. Typically the spouse and children get the first round. It can go to parents or sibling if they survive. Consult an Arkansas probate attorney for the specifics.
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 a sibling living in the same state as another sibling carry that sibling under their auto insurance policy if the car is in your sisters name?
Sure as an additional insured or driver under the policy. Note: a sibling is a brother or a sister.
Does one sibling living with a parent that dies have more rights than other siblings not living with parent at the time of death?
A parent may leave one child who has been of extraordinary help and comfort a greater share of their estate by will. However, if the parent dies intestate, as often happens, then the property will pass according to the laws of intestacy in your parent's state. You may check the laws for your state at the link below.
