Legal Question in Wills and Trusts in Michigan
inherited home
My siblings and I inherited my grandparents home that a uncle has a life lease for. My father, his brother, bought out this uncle and another brother. Do we still have to uphold the life lease? If so, who is responsible for the taxes, maintence, etc?
Asked on 8/24/08, 1:53 pm
1 Answer from Attorneys
Timothy Klisz
Klisz Law Office, PLLC
Re: inherited home
it might not be this simple, but if your dad bought out your uncles life estate, it should be over. But, you should contact me to discuss in detail. Www.kliszlaw.com. Tim Klisz
Answered on 8/24/08, 5:31 pm