Legal Question in Wills and Trusts in California
House In trust
My brother wants to sell the house my mother and father left us to care for my invalid brother.
Two thirds ownership of the house is in my deceased mothers Trust, (I am the trustee) and one third is in my brothers name (who wants to sell the house).
Can my brother who owns one third, sell the house without my permission?
We still need the house for the care of my invalid brother, so I do not want to sell it.
What are my options?
1 Answer from Attorneys
Re: House In trust
All your brother can do is sell the interest he himself has in the house, but probably no one would buy a 1/3rd interest unless if it were at a very steep discount. So his only remedy probably is to sue for partition--get a court order that you either buy him out or it goes to a public sale [either through the normal real estate sales process or auction]. Attorney Whipple from this web site [appears very knowledgeable and nice]has handled several of these cases. My guess would be that the Court might not order a sale because the Trust is the majority owner, a sale would violate your parent's intention, your brother was aware of all of this when he got his 1/3rd ownership interest, etc.
The Trust could attempt to buy out your brother's interest, taking into account that it is not worth 1/3 of the fair market value of the entire house since it only a portion of the ownership. You can try to talk him out of his plan