can a person contest a revokable trust?

Question

a person buys another person a house cash. that cash was from the sale of that persons home which was in a trust for other people. the cash was wired to the recipient of the new home and now they have the title in their names. can anyone contest this and try to get back the money that would have gone to them if this transaction did not occur. bottom line is a deed, title something that cannot be broken?

Answer 1

Unless you have some written agreement regarding the money you wired to this person, you're probably up the creek.

Answer 2

Get yourself a lawyer.

Expect this to turn into a very long and possibly ugly process. Make sure you have all of your documents, including the original draft of the trust, with notarized signatures where necessary, that state who the house was intended for and what the relationship of the person who sold the house is to the people named in the trust. You will need all original documents and maybe even written statements from the lawyers who drafted the trust.

The new owners probably have no idea of the trust and will be very upset that they will be pulled into this mess. Please remember not to take any anger out on them unless you can prove they knew what the seller was up to. In the event that you are not able to get the house back, you will most likely be advised to sue the seller (and the owners if they're in on it) for the value of the house plus lawyer fees plus emotional damage and whatever else crafty lawyers can come up with.

Keep logs of any conversations you have with the seller, recording them if you can. Try and maintain an even temper with the seller as you will need to present them in a negative light and you don't want to do anything on your part that will hurt your case.

Good luck.

Answer 3

You absolutely need to contact an attorney who specializes in real estate and trusts. I echo the remarks made previously to mine from Honey. An excellent answer.