CatugalCat
Member
What is the name of your state? Hawaii
Dad had a Revocable Living Trust made up in 1998 leaving the house to all 3 kids. Re-married in 2000. Wife said she was going to buy the kids out of their share of the house. Never happened. In 2002 we were told Dad was very ill, had less than a year to live. His health was rapidly deteriorating by March of 2003. In May of 2003, wife had Dad sell her the house, on the public record data it says cancellation of quitclaim deed & lease followed by her name. 10 days later she turned around and sold the house for $370,000, there was no mortgage on the house, so this money was free and clear. Besides the fact that Dad did not understand complicated matters, he was quite ill by the time 5/6/2003 came around, he was under heavy medication and not able to make any decision on his own, the wife took care of all financial matters. Would there be a chance that Dad could be determined Incompetant at the time of this transaction, and if so what is the next step?
Dad had a Revocable Living Trust made up in 1998 leaving the house to all 3 kids. Re-married in 2000. Wife said she was going to buy the kids out of their share of the house. Never happened. In 2002 we were told Dad was very ill, had less than a year to live. His health was rapidly deteriorating by March of 2003. In May of 2003, wife had Dad sell her the house, on the public record data it says cancellation of quitclaim deed & lease followed by her name. 10 days later she turned around and sold the house for $370,000, there was no mortgage on the house, so this money was free and clear. Besides the fact that Dad did not understand complicated matters, he was quite ill by the time 5/6/2003 came around, he was under heavy medication and not able to make any decision on his own, the wife took care of all financial matters. Would there be a chance that Dad could be determined Incompetant at the time of this transaction, and if so what is the next step?
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