Legal Question in Wills and Trusts in Louisiana
In 1973 my mother and I bought 7.56 acres of land together she had five other children and I make six total, she passed on in 2014. There is a house that all of them know i paid $350.00 per month for 3 1/2 years on a 15 year mortgage with the payments were $125.00 per month this loan was for labor to build the house, the other five children paid nothing. How much of this estate do I really own?
Asked on 8/03/15, 1:18 pm
1 Answer from Attorneys
James Maguire
James G. Maguire, Attorney At Law
I would need more info to give you a complete answer, but basically you own the house, since you paid for it. You also own 1/2 of the land. You and your siblings inherited your mother's half of the land, assuming that she died without a will.
Answered on 8/04/15, 6:13 am