Legal Question in Real Estate Law in Minnesota
What is the best way to deed property to adult children, with a clause that I can still reside on the property until death?
Asked on 3/01/10, 9:59 am
1 Answer from Attorneys
Sam Calvert
Calvert Law Office
There are several methods, all of which have advantages and disadvantages. Here are four alternatives:
a) transfer on death deed
b) deed retaining a life estate
c) a will
d) a revocable trust
Answered on 3/06/10, 10:17 am
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