What is the name of your state (only U.S. law)? Texas
What is the name of your state (only U.S. law)? Texas
My grandfather died in 2007. His will was written in 2006 when he found out he was sick. He left everything to my grandmother (including their home) whom has alzheimers and has been in a nursing home for almost 10 yrs. She has no idea who anyone in our family is and has not for 10+ yrs. My mother and uncle need to do something with the home but are unsure what to do. Someone is offering to "rent to own" the home, is this possible? Can they sell the home? If they do sell or rent the home, who receives the money? (nursing home, Medicaid, mother & uncle?) After my grandfather died my mother and uncle went to an attorney and were advised to do a ladybird deed. The house is now in my mother and uncles name and they are paying the taxes and insurance on the house. The house is empty and they would really like to sell it. Although my uncle wants to rent it to make money and my mother doesn't want to mess with renters.
Any advice would be greatly appreciated.
What is the name of your state (only U.S. law)? Texas
My grandfather died in 2007. His will was written in 2006 when he found out he was sick. He left everything to my grandmother (including their home) whom has alzheimers and has been in a nursing home for almost 10 yrs. She has no idea who anyone in our family is and has not for 10+ yrs. My mother and uncle need to do something with the home but are unsure what to do. Someone is offering to "rent to own" the home, is this possible? Can they sell the home? If they do sell or rent the home, who receives the money? (nursing home, Medicaid, mother & uncle?) After my grandfather died my mother and uncle went to an attorney and were advised to do a ladybird deed. The house is now in my mother and uncles name and they are paying the taxes and insurance on the house. The house is empty and they would really like to sell it. Although my uncle wants to rent it to make money and my mother doesn't want to mess with renters.
Any advice would be greatly appreciated.