Legal Question in Insurance Law in Kentucky
wills/power of attorney/insurance
My Grandmother died leaving the house and property for my Mother to live on until she died, she made my Aunt the executer of her will, the house to be sold and divided equally between heirs at my mothers death, the problem is that the house has burned and my aunt is refusing to rebuild it putting the money in an escrow account ( so she says) and leaving my mother basically homeless my question: Can she do this? Isn't she supposed to see that the house is rebuilt the insurance money used for that purpose and what can be done about it?
Asked on 7/06/08, 9:36 am
1 Answer from Attorneys
David Slater
David P. Slater, Esq.
Re: wills/power of attorney/insurance
Since the house no longer exists, the life estate is extinguished.
Answered on 7/06/08, 10:12 am
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