Legal Question in Wills and Trusts in Arizona

a trust settlement

we agreed to sell my deceased mothers house and split it 3 ways but it my 2 sisters have not communicated with me on the sale price only the realator that they chose and she is so anxious to sell the house they are accepting a low low price and have signed an agreement.i have resided in this house for over 32 years. what can i do?


Asked on 10/12/07, 11:46 am

2 Answers from Attorneys
Debra Palomino PALOMINO LAW FIRM, P.C.

Re: a trust settlement

You could make them an offer to buy them out at the price they agreed to sell the house. For example, if the fair market value is $300,000 and your sisters have agreed to $240,000, then you could offer to purchase their interests for $160,000 (2/3 of the purchase price).

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Answered on 10/12/07, 12:59 pm
James Jenkins Jenkins Law Center PLC

Re: a trust settlement

Your question does not reveal enough facts to give a complete opinion. Is the house in a trust? Who is the trustee? What are the complete terms of the trust, and what are the terms of the trust related to the house specifically? Or is the house in your names already among the three or you? Or is there a pending probate, because the house is an asset of a will?

Ultimately, those who have authority to sell can do so, but may have their actions objected to by heirs, even in a court proceeding. Do not sign anything until you consult with an estate attorney.

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Answered on 10/15/07, 12:27 pm


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