Legal Question in Wills and Trusts in Indiana
5 years ago my mother in law gave her home to 4 relatives, now she is no longer living in home. Are all 4 legally responsible for taxes, insurance and upkeep costs on property?
Asked on 8/18/15, 6:13 am
1 Answer from Attorneys
Jay Rigdon
Rockhill Pinnick LLP
Taxes: Yes, if they want to keep the home, the taxes will have to be paid.
Insurance: They are not required to insure the home unless they want to protect it from catastrophe.
Upkeep: They can let the house fall apart if they want.
If your question meant to say there was a disagreement between the owners as to what they should do, or pay, then the unhappy co-owner needs to sit down with an attorney to discuss the options.
Answered on 8/18/15, 6:29 am
Related Questions & Answers
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
