Legal Question in Wills and Trusts in Iowa
My dad is now on my grandparent's title to their house. Does that mean he now owns 1/3 of the house without buying it?
Asked on 5/19/10, 10:17 am
1 Answer from Attorneys
Thomas Moens
Moens Law Offices, Chartered
Possibly. Or all of it, or one-half, or one-sixteenth. He might also own the property in its entirety when your grandparents pass away. It depends on how the deed is worded.
Answered on 5/24/10, 10:52 am
Related Questions & Answers
-
Who becomes trustee when other family members decline? Asked 5/07/10, 3:50 pm in United States Iowa Probate, Trusts, Wills & Estates
-
Do executors of estates get paid for their service? Asked 5/06/10, 7:37 am in United States Iowa Probate, Trusts, Wills & Estates