Legal Question in Wills and Trusts in Louisiana
My mother passed away in 2006 with no will. There are nine living children. One Sister wants to buy the others out and keep the property in the family as a vacation spot for all. What should I do to have this done?
Asked on 6/18/12, 12:28 pm
2 Answers from Attorneys
James Maguire
James G. Maguire, Attorney At Law
Your mothers succession will have to be opened, and the children recognized as the legal owners. Once that is done, you can do a buyout, in which your sister buys out the shares of the others.
Answered on 6/18/12, 12:33 pm
Charlton Ogden
Taggart Morton, LLC
Open the successoin of your mother, and partitition the property withing the succession, and the 8 other heirs will received thier 1/8th interest in the proceeds
Answered on 6/19/12, 7:32 am
Related Questions & Answers
Looking for something else?
10,200 active attorneys ready to answer your legal questions today.
Featured Attorneys
Earn additional revenue and grow your business.
