Legal Question in Wills and Trusts in Texas

My brother passed away and has property that he is still paying for. He left everything to another brother who needs to know if the contract on this property can be continued by a family member, and how that would happen. Also, the deceased brother did not have a formal will...just a letter dated and signed by both brothers involved, how does this effect the way he goes about retaining/selling/ this property? What do you recommend?


Asked on 12/19/09, 12:31 pm

2 Answers from Attorneys

I would need to read the contract to be sure. If it was a contract to purchase, then it may likely be transferable to the heirs. I would also need to read the letter, to see if it qualifies as a will. There are a number of ways to accomplish this, but I have very few facts. For example, did the deceased brother have a spouse? children? living parents? is everyone in agreement?

Give me a call or send me an email if you would like to discuss this further

Dave

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Answered on 12/24/09, 12:43 pm
Keith Engelke Law Office of S. Keith Engelke

First, nobody who did not sign the contract is responsible for continuing payments. The contract just like the rest of your deceased brother's property, is part of his estate. An attorney needs to be consulted to review the contract and the rest of your brothers assets and debts so you can be advised on your available options.

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Answered on 12/25/09, 8:56 am


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