Legal Question in Wills and Trusts in Maryland
Will
If i left a peice of vacation property to a daughter but sold it prior to my death is the daughter entitled to compensation for the property out of my estate if no trust for the propery was set up?
Asked on 4/18/07, 8:48 am
1 Answer from Attorneys
Thomas Brown
Law Office of Thomas K. Brown, LLC
Re: Will
Generally speaking, no. The gift of the property will be considered "adeemed" -- a failed gift. Your will may specifically address the issue by including language such as "to my daughter I leave this property known as ... so long as it is owned by me at death." On the other hand, language could provide for the opposite. Selling property named in a will might be a good time to review and update your will.
Answered on 4/18/07, 11:04 am