My sister took over car payments & insurance from mother who is terminally ill, but didn't transfer title or the loan. There is no will, since the car is only thing of value remaining. What will happen to the car when mother dies? We have 2 other sisters & an aunt - will the car have to be sold to split the proceeds, or can my sister claim ownership without dealing with probate or the bank? There was a verbal agreement that my sister could have the car.
2 Answers from Attorneys
Best to see a lawyer to memorialize what will happen....
If your mother doesn't have any money, she can write a holographic will (all in her own handwriting, dated and signed) leaving the car to your sister.