Legal Question in Wills and Trusts in Michigan

my mother and step dad sold a business in Michigan on land contract. The land contract was to end 5 years ago with a balloon payment, but my parents just allowed the new owner to continue payments with out a new document drawn up. Now my mother passed 3 years ago and my step dad just passed 3 months ago. Is the land contract still valid and if so would my siblings and I inherit half of the land contract or is my step sister owner of it all?


Asked on 2/04/15, 8:42 am

1 Answer from Attorneys
Timothy Klisz Klisz Law Office, PLLC

Was there a will? There are more questions to properly evaluate this issue. Call me to discuss. Tim Klisz

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Answered on 2/04/15, 2:55 pm


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