Legal Question in Wills and Trusts in Texas
Life Estate
If a couple of 40 yrs of marriage, put their home in a Life Estate to a daughter. The Women, (the Mother) dies, The father, Man can live in the house until his death and it then goes to the daughter.
My question is?? Can the Man,(Father) revoke the Life Estate, and sell the home to anyone he wants.?
Asked on 10/06/07, 3:36 pm
1 Answer from Attorneys
James Grissom
Law Office of James P. Grissom
Re: Life Estate
Not very likely. Depends on how the live estate was conveyed. If it was by deed and recorded, then the life estate interest belongs to the daughter. The father could sell his life estate portion, e.g. the time that he has left on earth while in the property, but the buyer would get no fee simple interest in the property.
Answered on 10/06/07, 5:10 pm