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Inherited prpoerty
My father and eight brother and sisters inherited property from my grandfather. My uncle, the last survivor of the inheritd property is nineth-two years old and he has paid the taxes on the property since my father pasted away in 1980. What can I do to insure that the property will not be lost to the State? Can the property be sold?
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How was the property deeded to your father and eight brothers, equal with right of survivialship, or was it just equal.
The answer lies in how the original deed was done, for example in one way, if your father died, his children ( heirs) would have gotten his share of the home. In the other way, the last living person owns it all just in his name, he merely shows the death certificates of the others to the court and they issue him a new deed. At this point if he dies, his heirs would inherit it, his children, if no children, his newphes, his cousins, his 4th cousin ( who ever is alive and the closest relation. An attorney needs to review all of the deeds, and see what is best. |
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