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Yes, it is possible to inherit property before someone's death through a process called inter vivos gifting or through a trust arrangement.

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AnswerBot

6mo ago

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Related Questions

Does enduring power of attorney entitle you to sell property before death if family in will are to inherit said property?

yes


Does the Remainder man inherit the estate if the life tenant dies before the testator?

No. The remainderman doesn't inherit the property until the testator dies. A testator can change their Will any time before their death.


What if auto insurance was canceled before your accident?

Then you may be liable for any damage that you caused to someones property or person.


Can you get your money back if you pay someones delinquent taxes and they decide to come back and get the property before a years time?

The owner will have to reimburse you in order to regain control of the property.


Can a cable company lay cable on someones personal property?

A cable company can lay cable on someone's personal property but with the consent of the property owner. Some people will ask for some compensation before allowing this to happen.


If my daughter dies before me what happens to the life estate I made?

I will assume that you conveyed your real property to your daughter and reserved a life estate in that property. In that case, your daughter is the owner of the property. She can leave it to someone in her will or it will pass to her heirs-at-law under the laws of intestacy in your state. Generally, if she is married with children, her husband and children will inherit the property if she has no will. You can check your state laws of intestacy at the related question link provided below. Your daughter's death will not affect your life estate. Whoever would inherit her property upon her death either by will or by intestacy would inherit it subject to your life estate.


Does a deceased husband's wife inherit the husband's heir property?

If the person leaving the remainder died before the spouse, it is a part of their estate and will get distributed per the will or the law.


Will a disabled child inherit property before the other kids?

Inheritances generally follow the terms set by a will or the laws of intestacy if there is no will. A disabled child does not automatically inherit property before other siblings unless specified in the will. However, some parents may choose to establish special trusts or provisions to ensure that the needs of a disabled child are met. It's advisable to consult a legal expert for estate planning to address these specific circumstances.


Is a will written before marriage valid?

Yes, insofar as it does not 'dis-inherit' the spouse. Many(all?) states have laws that disallow a spouse being 100% excluded from the division of property and assets.


Who is responsible for a descendant's property?

It is not the descendant's property until it is inherited. At that point, the descendant is responsible for it. Before then, it is someone else's property and not the concern of the person who will one day inherit it. If you are talking about property being held in trust for a minor, then there should be careful documentation describing how and by whom the property should be handled. Possibly, probate court or family attorneys should be able to clarify these questions.


How long are you required to keep someones personal property before you consider it to be abandoned and can sell it?

it varies from state to state - in some states, if you find something of value above $100 you are required to surrender it to law enforcement.


Does a son in law inherit wife's share if she dies before parent?

That will depend on the wording of the will. Their children are more likely to inherit if there are any.