Posted on: 22nd Oct, 2010 02:31 pm
My Grandfather and his son are on the deed to my Grandfathers house. My Grandfather sold it to his son for $1, 6 years prior. Since then there has been a falling out with the son. It is stated in his will intentionally, that his son gets none of his assets. What happens to the house when he dies?
Hi willy,
The deed comes into affect in the lifetime of your grandfather. As the property has been already transferred to the son, it will considered as the son's property. It wont be considered as your grandfather's property any more. However, the son won't be able to claim any other property belonging to your grandfather.
Thanks
The deed comes into affect in the lifetime of your grandfather. As the property has been already transferred to the son, it will considered as the son's property. It wont be considered as your grandfather's property any more. However, the son won't be able to claim any other property belonging to your grandfather.
Thanks