Legal Question in Real Estate Law in New York

Re: Leaving property - specifing it not be sold

Create a life estate in a person. That permits the property to remain with THAT person for his/her life and then whatever else the disposition states.

Good Luck

RRG

Re: Leaving property - specifing it not be sold

Your grandmother could deed the house to one of her children for a "life estate" and upon the death of the life tenant to a remainderman. This must be a named person or entity. It might be a Trust or one or more of her grandchildren.

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Re: Leaving property - specifing it not be sold

Maybe the way to do it is by a trust for the grandchildren, reserving life estates to the children (making a sale difficult since all life estates would have to be bought out to effect a sale). This plus rights of first refusal. Putting it in an irrevocable trust, with annual gifting to the children and grandchildren of partial interests would avoid possible gift taxes. You do not say what the gransmother's total estate, including the house, may be in the aggregate. There are many ways to accomplish this, and more facts may be needed to properly advise you further.