Legal Question in Real Estate Law in Ohio
real estate transfer
I own real estate in Ohio with my two brothers. I am the only one with an heir (a minor). Everyone agrees that he should eventually inherit the property. Is there a way to word the deed so that it isn�t necessary to put this stipulation in each will, and for the property to automatically transfer to my son?
1 Answer from Attorneys
Ohio Property Ownership upon Death
FACTS: Own real estate in Ohio with two brothers. Only heir is my minor son. All agree he should inherit property.
Q. Is there a way to word the deed so that it isn�t necessary to put this in each will and the property will automatically transfer to my son?
A. Probably, but I don't practice in Ohio and don't know the law there. You need to hear from an Ohio Atty. or contact one. In Fla. the three of you could each have life estates with the remainder going to your son. You could take title in a Land Trust and list you son as Sucessor Trustee after the three of you die.
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