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∙ 16y agoOnly the owner of the house can sign a quitclaim deed. For instance, if the siblings wanted to, they could each quitclaim their share of the house to the one who is doing all the work. However, the one who is paying taxes and doing work can put liens on the property so that his/her money will be returned if and when the house sells, before any profit is split among the siblings. Any receipts and paperwork should be maintained and copied so that there is back up to the lien. Save copies of cancelled checks.
Wiki User
∙ 16y agoThat's the decision of the executor of the estate. If the other siblings want to keep the property, they would have to pay the other for their share.
If the co-owner is agreeable or the house is titled in a way which allows the property to be transferred without the consent of other owners then it can be done using a quitclaim deed a simple and inexpensive procedure.
Yes, a sibling can exclude other siblings as beneficiaries of their estate by specifying this in their will. However, laws regarding inheritance and family provisions may vary by jurisdiction and could impact the ability to completely exclude siblings from inheritance. It is advisable to seek legal advice when making such decisions.
I recommend contacting a lawyer or at least a Realtor. You may have to file suit to get action from the sibling that is falling behind. It will be worth it to not lose the equity in the property.
Only that property that is determined to be owned by the sibling. If property is owned jointly between the sibling and the remaining family, the remaining family may be forced to get a loan to pay the appraised value of the siblings share. As this Q is frequently referred to by those asking about a trustee that is a sibling.....a trustee is NOT the owner of any of the proerty he is trustee for...in fact, IT CANNOT be used for his personal needs.
Not legally. It would be interferring with the transfer of property and could result in criminal charges.
Yes, an inheritance can be relinquished from one sibling to another through a legal process known as a disclaimer. The sibling who wishes to relinquish their inheritance must formally disclaim their rights to the assets being inherited, allowing them to pass directly to another sibling according to the terms of the will or laws of intestacy. It is important to follow the specific legal requirements for disclaiming an inheritance in order for the transfer to be valid.
sisar = sibling, sister sisaret = siblings, sisters sisarukset = siblings (of each other)
The rights of adopted siblings in their sibling's intestate estate depend on state laws. In general, adopted siblings usually have the same inheritance rights as biological siblings if the adoption was completed before the sibling's death. It is important to consult with a legal professional familiar with the specific state's laws to understand the exact rights of adopted siblings in intestate succession.
Most dictionaries define siblings as persons who share a common biological parent. However, there is another factor to one's holding the status of sibling. That involves a legalrelationship with the same parent rather than a biologicalone. In that context a legally adopted brother or sister would be considered a sibling. This distinction becomes especially important in the case of inheritance. Most jurisdictions do not allow adopted siblings to marry.
A child.
sibling, associate, stepbrother, kinsman, colleague