Legal Question in Wills and Trusts in Florida
House in trust, but no money to repair
My father died, leaving 70 % of his house in trust to sons (30 % is stepmothers). No other asset in trust. House needs repair, but sons can't pay. What are sons options? Stepmother has life estate to house.
Asked on 3/04/09, 7:18 am
1 Answer from Attorneys
Alan Wagner
Wagner, McLaughlin & Whittemore P.A.
Re: House in trust, but no money to repair
It depends on what the repairs are. A life estate person has a responsibility to make ort share in the cost of certain types of repairs to the house.
Answered on 3/05/09, 10:07 pm