Legal Question in Civil Litigation in Idaho
WILL and DEEDED property
10 years ago my mother-in-law deeded over her lake place to one of her daughters (my wife) and on the deed it states ''for love and affection''. she is getting older now and the other sister (my wife's sister) is demanding she be put on this deed too. but they gamble, have a bankruptcy, and are not financially stable and we do not want them on the title too, yet we would let them use the lake place if they wanted. My wife and i have been paying all the property taxes on the property for this time frame too. The question is: is there any way legally that my wife's mom or the other sister could try to change this deed? there is nothing is her Will that talks about the lake place--only that her 2 children split her estate 50/50. Thank You so much!
1 Answer from Attorneys
Re: WILL and DEEDED property
The legal way for your wife's mother to "change the deed" is for her (your wife's mother) to write a new deed to your wife's sister.
But your Mother in law no longer has ANY interest in the lake property - you and your wife own it.
Presuming the deed is recorded, and a real estate exise tax affidavit was filed, of course.
Since you and your wife are the owners, it is your decision what to do with the property.
The lake place is no longer part of your mother in law's estate.
It is yours. Since it is yours, you can extend hospitality to your other relatives if you choose. Or not. It is up to you.
Hope this 'splains it for you.
Elizabeth Powell