Real estate transaction
Can elderly father sell his home to daughter for--name removed--value?
Asked on 12/26/07, 3:56 pm
2 Answers from Attorneys
Gerald Nordgren
Law Office of Gerald P. Nordgren
Re: Real estate transaction
Greetings! I'm not sure what the issue is here. If the concern is the father's competence to sign a deed, then it would depend on his medical condition. But perhaps there is an issue regarding the father's creditors. If the transfer is for value, it would be difficult for a creditor to challenge the sale as fraudulent. If you give me more details, I will be able to respond to you more intelligently. Feel free to send me an e-mail.
Sincerely,
Gerald Nordgren
Answered on 12/26/07, 4:41 pm
Joseph Michelotti
Michelotti & Associates, Ltd.
Re: Real estate transaction
Yes, he can.
any questions [email protected]
website: www.michelottilaw.com
blog: blog.michelottilaw.com
Answered on 12/26/07, 5:43 pm
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