Legal Question in Wills and Trusts in Louisiana
homeowner's insurance for family
My parents died leaving no will. There are 5 siblings and we decided to leave the furniture in the and enjoy it when we visit. iblings live in the house and he now wants to purchase a homeowner's insurance policy in his name to include the dwelling and contents. Is this a good idea and will it increase his stake in the house?
Asked on 1/16/09, 4:15 pm
1 Answer from Attorneys
Andrew Casanave
Andrew M. Casanave
Re: homeowner's insurance for family
One day your family will want to not own this house. Do yourselves a favor and sell to the sibling who wants to own. Life will be simpler.
Answered on 1/17/09, 11:50 am