Posted on: 03rd May, 2010 07:26 pm
If I divide my property to my three children and retain a life estate can I sell timber on the property and can I sell the property if I need to?
Hi hwi!
Welcome to forums!
Though you've life estate rights to the property, you'll not be considered the owner of the property. Thus, you won't be able to sell off the property without the permission of your 3 children.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
Though you've life estate rights to the property, you'll not be considered the owner of the property. Thus, you won't be able to sell off the property without the permission of your 3 children.
Feel free to ask if you've further queries.
Sussane