West Virginia | Wills and Trusts

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Asked on: 1/14/02, 8:18 pm

Life estate

While both of our parents were living they signed th house over to my sister and i..My father has since expired but mother is alive. The property taxes read my dad and moms name(life estate) and my sisters and my name below. What does life estate mean. Do we actually own the property?

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Re: Life estate Ownership can be divided. You can conceive of you and your sister *both* owning the property -- you each own part. In this case, ownership is divided by time. Your...

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Jay Goldenberg

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