W
wtreynolds
Guest
North Carolina. A friend of mine is the only living memeber of what was once a 5 member family. Her sister, brother, Mother and Father have all passed away. Her delimma is with her sister in law. My friend gave her brother co-ownership to a 12 acre tract that was once deeded solely to her. Almost as soon as the transaction went thru, her brother also died. Of course, now 1/2 interest to the property falls to his living wife and their 10 year old daughter. The sister in law has remarried and making things very difficult for my friend. My friend is in a financial disaster with medical bills, funeral bills, charge card bills that she ran up taking 100% of the care of her parents since 1996. Her plan was to cut the timber off the 12 acres to assist in paying off some of the debt left on her, since her parent's death. Now the sister in law remarried and is making my friend's life miserable. She is insisting on her splitting the money if the timber is sold. I suppose legally, she is required to split this profit with the sister in law? My question is can a gift be revoked? Can my friend "take back" the property from her sister in law, since things have changed and the brother she wanted to have the property is no longer alive. The sister in law could care less about the financial ruins my friend is in. Does my friend have any legal recourse? She also asked the sister in law if they could sell the property, and the sister in law does not want the property sold. Can they devide the property, and then she can do anything she wants with her 6 acres?? HELP??