Legal Question in Wills and Trusts in New York
Wills And Prior Property Sales
If an individual sells a property to a son or daughter and it later turns out that a
will exists that leaves that property to another person or persons, in whole or in
part,would the person/s who received the property be liable for compensating the
person named in the will?Would the date that the will was signed relative to the
date of the sale of the property make differen
Asked on 2/21/01, 3:21 am
1 Answer from Attorneys
Norman Nadel
Norman Nadel, Esq.
Re: Wills And Prior Property Sales
No.
The type of gift you describe is effective only if the decedent owned the specific property at the time of his death.
The dates are irelevant.
Answered on 4/04/01, 8:42 am