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04-17-2008, 11:58 AM
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#1 |
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Lifetime lease
My mother-in -law deeded two pieces of property to my husband ( her only living child) with a lifetime lease for herself. If something happens to my husband, does the property revert back to her? My husband has a will that leaves everything to me, or our four named daughters if I am already gone. I don't want any problems!
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04-19-2008, 10:40 AM
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#2 |
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Top Level Member
Last Online:
11-19-2008 10:20 AM Join Date: Mar 2008
Posts: 278
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Re: Lifetime lease
They could have drafted that either way so you need to check the terms closely.
But normally it would pass to you subject to her life estate. |
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