Legal Question in Real Estate Law in New Jersey

Leaving real estate to children

I want to leave beach house to my four children. After my death, if they do not share the expences of the property equally can I put in my will that one (s) share will decrease in value equal to amount not shared and be added to the one(s) who shared the expences


Asked on 3/23/07, 4:49 pm

1 Answer from Attorneys
Glenn Brown Real World Law, P.C.

Re: Leaving real estate to children

If you want to maintain some control over the property and interests in it you may want to consider placing ownership in the property in a trust at or prior to your death. A properly drafted trust document will address your concerns.

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Answered on 3/23/07, 4:56 pm


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