2006-11-22 07:33:21 · 9 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
Please discuss the issue with the manager of your bank' branch where you and your father did the banking, they are trained to advise on debt management ,loans, mortgages, lines of credit against the house, and estate matters. Bring the copy of the deed to the house for the meeting. I'm sorry for your loss.
2006-11-22 07:46:03 · answer #1 · answered by Anonymous · 0⤊ 0⤋
So, if I understand you right, the house is now in the name of the Trust, with your sister as Trustee. It will be her job to sell the house and divide the money equally. So, why are you asking strangers instead of talking to your sister? Call her! I'm sure you can work out a time period during which you can move. If you need some cash in order to move, maybe she can make you an advance against your share of the estate. Ask her. The answer to your question is, in most states, a person who has been residing in a family home cannot just be kicked out immediately. There is usually a process which takes some time. But, even if there isn't, I'm sure you can get your sister to give you some time. It would not be fair of you to expect the other family members to forgo their shares of the house so that you can continue to live there; so you need to make other arrangements. Ask for help.
2016-05-22 18:00:15 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Since the house is in both your names, then yes they can put a lien on the house.
2006-11-22 15:31:17 · answer #3 · answered by Steve R 6 · 0⤊ 0⤋
Sorry the answer is yes. However don't pay the bill right away. Make sure you have the money to pay all the doctors and hospital bills.
Good Luck. I went threw this.
2006-11-22 07:45:01 · answer #4 · answered by Lee 4 · 1⤊ 0⤋
yes, if the form of ownership requires the house to be included as part of his estate. No, if title passes outside of the estate to the survivor.
2006-11-22 07:40:08 · answer #5 · answered by Andreas 3 · 1⤊ 0⤋
ANYTHING with his name on will be liable.
If both your names are on it, then they can take only half of the property meaning YOU have to give them half.
This would of been avoided if you had the entire home in your name only... something to discuss with parents as they age.
2006-11-22 08:03:32 · answer #6 · answered by Kitty 6 · 0⤊ 0⤋
Depends on your state, but they should only be able to go after your fathers estate.
2006-11-22 07:40:38 · answer #7 · answered by majecstik 1 · 0⤊ 0⤋
The short answer is yes. If he has any assets, including an asset shared with you, he can be made liable.
2006-11-22 07:39:22 · answer #8 · answered by united9198 7 · 1⤊ 0⤋
If title was joint with right of survivorship the answer is no.
2006-11-22 07:50:27 · answer #9 · answered by Anonymous · 0⤊ 0⤋