What is the name of your state? MN
My mother has been diagnosed with terminal cancer. In her existing Will she states that her lake property be given to her three children (myself being one). Since the others (my brother and sister) live out of state they have agreed to give (quit claim) the property to myself in the event of my mothers death.
Are there any benefits of having my mother change her Will and remove the granting of the property and then have her Quit Claim the property directly to myself, versus leaving the Will as-is and letting it go thru probate?
I think I know the answer but any legal advise would be appreciated.
Thank you.What is the name of your state?
My mother has been diagnosed with terminal cancer. In her existing Will she states that her lake property be given to her three children (myself being one). Since the others (my brother and sister) live out of state they have agreed to give (quit claim) the property to myself in the event of my mothers death.
Are there any benefits of having my mother change her Will and remove the granting of the property and then have her Quit Claim the property directly to myself, versus leaving the Will as-is and letting it go thru probate?
I think I know the answer but any legal advise would be appreciated.
Thank you.What is the name of your state?