Ask Experts Questions for FREE Help !
Ask
    phoenix1683's Avatar
    phoenix1683 Posts: 1, Reputation: 1
    New Member
     
    #1

    Sep 19, 2010, 04:49 PM
    Can a house that is in a trust be taken away if my wife's grandma
    Can a house that is in a trust be taken away if my wife's grandma (who initiated the trust to her son, my wife's dad) is being sued due to non payment of accounts(I don't know the details.)
    The grandma put the house in a trust to her son, we are paying to live in this house, but have only a verbal agreement.
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
     
    #2

    Sep 19, 2010, 05:17 PM

    Depends on the terms of the trust. If it's a revocable trust, it might be attachable.
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
    Expert
     
    #3

    Sep 19, 2010, 05:53 PM

    Agreed, it will really depend on how the trust was set up, the type of trust and so on. An attorney needs to review it.

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Dog only pees at wife's house... [ 7 Answers ]

About 4 months ago I got a Nefoundland mix female from the humane society. She was potty trained and we only had a couple of accidents until recently. Those accidents were usually when a neighbor dog would stop over and she would get really excited... She just turned 1 and when we go to my wife's...

Abandoned grandson left at grandma house [ 4 Answers ]

3 months ago my grandson mother bought my 2 year old grandson to our house. The boys father lives at home with us. We do not know where my grandsons mother is nor do we have any contact information for her in case of emergency. Any suggestions on if we can file abandonment charges on her. Even...

Buying house from grandma before she passes [ 4 Answers ]

My husband and I have considered approaching my grandma and inquiring about purchasing her house. We would like to have an arrangement in order before she passes so the in-laws do not give us a hard time, but we're not even sure if this is legal. We currently own a house, and she would continue...

How to add my wife's name to house deed [ 1 Answers ]

How do I add my wife's name to our house deed?

Trust fund stolen by Grandma [ 12 Answers ]

My Grandpa and Grandma took $8000.00 and put the money into two CD accounts on Aug 13, 1900. So there is two accounts both starting with $4000.00. There is a written contract that I have saying the money is for the sole purpose of my sister and I. The money can only and must be in a CD account...


View more questions Search