My parents own a home that my grandmother has a life estate in. Grandma is in nursing home for last 5 yrs and is not mentally compentent, can the house be sold?
This is not an attorney business law question. It is an elder law question and depends on many factors, including whether the documents that set up the life estate provide for this contingency. Consult with an attorney in your area for specifics.
Kevin B. Murphy, B.S., M.B.A., J.D. - Mr. Franchise
Franchise Attorney