Legal Question in Wills and Trusts in New York
father signs deed of house over to son with the provision that he (father) has lifetime use and is responsible for taxes , ins, etc. Property tax bill comes in January with option to make two payments six months apart. 1st installment is paid, second due in July, Dad dies around July 12th. Who is responsible for 2nd payment?
Asked on 12/18/13, 5:19 pm
2 Answers from Attorneys
Walter LeVine
Walter D. LeVine, Esq.
usuallu son, as homeowner. If there was some arrangement between father and son about these payments, agreement controls.
Answered on 12/18/13, 9:11 pm
Arnold Nager
Arnold H. Nager, Esquire
The estate is responsible until sttlement.
Answered on 12/19/13, 3:04 am