Posts Tagged ‘beneficiary deed’
Beneficiary Deed Can Be Challenged If Undue Influence
Question: For the last twenty years my mother has lived in a nice home in the Tatum Ranch community in North Phoenix. We live in Flagstaff, but have come down regularly to visit my mother. My sister lives in Tucson but rarely has visited my mother. My mother was in relatively good health at 91…
Read MorePartition Lawsuit Required If Brother and Sister Can’t Agree on Who Inherits Home
Question: My mother owned a home in the Red Mountain area of Mesa for more than 20 years. She recently passed away. Before she passed away she recorded a beneficiary deed 50/50 for her home, to me and to my sister who lives in Oregon. The home is worth $850,000. My sister needs money so…
Read MoreBeneficiary Deed Can Only be Used by a Natural Person
Question: My mother is the trustee of her revocable living trust (“RLT”), with me as the sole beneficiary. The only asset in the RLT is my mother’s Sun City home. My mother wants to simplify things and record a beneficiary deed to me for her home, which beneficiary deed will not be effective until her…
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