Legal Question in Civil Litigation in Pennsylvania
Sibling Keeping all the Profits !!!
I am submitting a question, to find out if I have any legal recourse or not. It is my feeling that I probably do not,but
felt it was worth trying to find out for sure.
My situation is as follows:
My mother passed away some 6+ years ago. Her home was left to myself and my sibling.Before she passed during her illness, it was verbally agreed that my sibling would get Mothers home, and I would get the siblings condo, valued at
half the value of Mother's home.So I have the condo,all free and clear. At the time a fair deal.
Today, 6+ years later, my sibling is selling Mom's home
to buy another. However the property is not being sold
for market vlue. A company looking to buy up property,
is purchasing the property, for $125,000 more than the market value of the house.
My sibling is financially secure, I on the other hand am
struggling greatly financially, There has been no offer to
give me any of the profits he is making on our Mother's home. Am I legally entitled to anything?
Signed,
Deeply Hurt and Stressed
1 Answer from Attorneys
Re: Sibling Keeping all the Profits !!!
Whether or not you have any legal recourse depends on several factors wihch you do not mention in your inquiry. First, you say that your mother's house was left to you and your sibling. Was this by a Will? Was the Will probated (filed in the Courthouse after her death)? Did an attorney handle the Estate?
Next, you say that before your mother's death, it was verbally agreed that your sibling would get the house and you would get the condo? After your mother passed away, how were these transactions handled?
Finally, and most importantly, how are the house and condo presently titled? In other words, who is listed on the Deeds, as owner, for both of these properties.
Did you sign any documents concerning the condo and the house?
All of these questions must be answered before I can determine whether or noy you have any recourse against your sibling.
Generally, in Pennsylvania, if your mother left her house to you and your sibling in a Will, it is the responsibility of the Executor of the Estate to make sure that your mother's wishes are carried out. The Executor, or his attorney, must then file papers with the Court to prove that your mother's wishes were carried out, and that inheritance taxes were paid on the assets of her Estate. While you and your sibling can certainly enter into an agreement concerning the distribution of your mother's assets, contrary to the Will, such agreements are generally required to be in writing, especially when real estate is involved. Such agreements generally must be filed with the Court, as well.
If your name is on the deed to your mother's house, then the house cannot be sold without your signing necessary papers. If, however, your sibling signed the condo over to you and you signed your interest in the house over to him/her, there is probably not much you can legally do.
I would be able to provide you with a more definitive answer if I had answers to the questions I asked above. Please feel free to e-mail me with this information, or submit a post containing this information
Andrew A. Solomon