Legal Question in Wills and Trusts in California

''Joint Tenants'' purpose to secure loan

My mother, sole title holder to her home, deeded title to herself and my ex-in laws, for the purpose of securing repayment of a loan. Money they used to start a business. We believe she did not understnad or intend the creation of joint tenancy deed to transfer title upon her death. Her Will (written after transfer) leaves all property and possessions to her two daughters. In-laws are now sole owners, and refuse to acknowledge the Estate. Are we protected by any laws that can reverse this?


Asked on 9/20/01, 2:44 am

1 Answer from Attorneys
Ken Koury Kenneth P. Koury, Esq.

Re: ''Joint Tenants'' purpose to secure loan

depends on the facts surrounding the transfer. you might be able to argue fraud or something else to void it but it will involve some costly litigation. you should see a lawyer familiar with RE transactions.

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Answered on 11/05/01, 11:58 pm


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