Upon contract a beneficiary and secondary beneficiary are chosen. A sibling can refinance only if their name is initially included on the trust property's contract. If they are not secondary beneficiary, it is very difficult but not impossible if primary beneficiary can not comply.
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.
The titling of the property detemines whether or not it is subject to probate procedure. No property can be sold, refinanced, distributed, transferred, etc. until it has been ruled exempt from inclusion into the estate of the deceased.
when a sibling is jealous of another sibling.
jealousy
An adoptive sibling is a person who is not another person's biological sibling, but is raised legally and socially as if they are.
The sibling does not have the right to change a grant deed. Only the property owner can make such a change.
Yes. You should seek the advice of an attorney who specializes in probate to make certain the title to the property is transferred properly. In some jurisdictions a deed must be executed to transfer title to real property effectively.
That would be up to the new owner of the property. You need to agree on a time frame for removal of personal property from the premises.
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.
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.
another Hancock
You can carry anyone on your policy if the vehicle is in your name.