What to do if in my fther’s Will it states that his life partner has lifetime use of his house but that my sister and myself have to pay 2/3 of the property taxes?
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What to do if in my fther’s Will it states that his life partner has lifetime use of his house but that my sister and myself have to pay 2/3 of the property taxes?
And if the house is sold, his life partner gets 50% of the sale and my sister and myself each get 25%. Is it legal that you should have to pay taxes on a property that someone else is living in?
Asked on April 10, 2013 under Estate Planning, New York
Answers:
Victor Waid / Law Office of Victor Waid
Answered 11 years ago | Contributor
Those are the provisions of your father's will. Take it or disclaim it if you don't like the terms; nothing illegal about his gift instructions with conditions.
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