Minnesota  |  Wills and Trusts

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11/03/09, 5:54 pm

Legal Question

I would like to know more about "Life Estate". Who is responsible for the property taxes and the property insurance? If the property is sold and the profit is divided according to the Actuarial Table of the State of Minnesota what would the percentages be for the owners and the person living in the life estate agreement?

Thank You!


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