Compare Mortgage Quotes

Refinance Rates for Today

Please enable JavaScript for the best experience.

In the mean time, check out our refinance rates!

Company Loan Type APR Est. Pmt.

Life estate clause

Posted on: 03rd Aug, 2011 02:26 pm
Just got home from the registar of deeds in Muskegon County, Michigan. My father passed away 2 months ago and my mom had his name removed from the deed. They told us to use a Life Estate Clause to put us children on the deed because their wills would not work and the property would have to go through probate. The property was my grandparents and mom wants to keep it in the family, it is not worth enough to go through probate. There would be VERY little left. How do we do this? All the info i find is for California and Florida. Please help!!!!!!!
Welcome stolberg,

Your mother can include a life estate clause for your heirs and this will help you and the other heirs to stay in the property until death. However, it is always better to contact a Michigan based real estate attorney and take his help in this regard.
Posted on: 03rd Aug, 2011 09:45 pm
Page loaded in 0.103 seconds.