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Family Feud

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T

Thailog

Guest
My grandfather has had one to many strokes and can no longer live alone. He now lives with his son(my father). I would like to buy the house but they (my father and his 2 sister) said that they can't because my grandfather would lose certain benefits, because it would show him having an income. So my grandfather is going to "warrenty deed" the house to me. I will also have a side mortgage note paying the heirs what the cost of the house would have been. Am I dooming myself if years down the road one of the heirs wants to contest the warrenty deed claiming "mental basket-case" and put me on the crub and still having to pay a mortage note??? And is this whole deal legal???
 


ALawyer

Senior Member
If he truly lacks mental competence, or someone claims he did, anything he does can later be challenged. Get a lawyer to help you with the conveyancing and make sure he's aware of the competence issues. A good lawyer can make the transaction almost bullet-proof.

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This is intended as general information only and NOT LEGAL ADVICE. You are not my client, and I have no obligation of any kind to you. To retain a lawyer, go to http://AttorneyPages.com
 

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