Legal

Ask a Lawyer and Get Answers to Your Legal Questions

Ask a Lawyer,
Get an Answer ASAP!

Legal

I want to create a life estate to purchase a condo brother

Customer Question
I want to create a...
I want to create a life estate to purchase a condo for my brother in Florida. He is 60 years old and want to know if I pass he can live in the residence for his life as long as he chooses to,. If he passes i WANT TO ENSURE, THAT THE OWNERSHIP either reverts back to me or my estate ??
Submitted: 1 year ago.Category: Legal
Show More
Show Less
Ask Your Own Legal Question
Answered in 5 minutes by:
2/2/2016
Lawyer: Richard, Attorney replied 1 year ago
Richard
Richard, Attorney
Category: Legal
Satisfied Customers: 56,030
Experience: Attorney with 29 years of experience.
Verified

Good morning. My name is ***** ***** I look forward to helping you.

Yes, you can give your brother only a life estate and retain the remainder interest yourself. And, if you should not be alive at the time your brother dies, then it would go to your estate. You would do this by signing a quit claim deed transferring only a life estate interest in the property to your brother. The deed would need to be witnessed, notarized, and then recorded in the real property records of the city/county in which the property is located. Then, when your brother dies, his life estate automatically terminates with title in you as the remainderman.

Thank you so much for allowing me to help you with your questions. I have done my best to provide information which fully addresses your question. If you have any follow up questions, please ask! If I have fully answered your question(s) to your satisfaction, I would appreciate you rating my service as OK, Good or Excellent (hopefully Good or Excellent). Otherwise, I receive no credit for assisting you today. I thank you in advance for taking the time to provide me a positive rating!

Ask Your Own Legal Question
Lawyer: Richard, Attorney replied 1 year ago

If you would like me to provide you a template for this deed for you, I'll be happy to do so. Just let me know. Richard

Ask Your Own Legal Question
Ask Richard Your Own Question
Richard
Richard
Richard, Attorney
Category: Legal
Satisfied Customers: 56,030
56,030 Satisfied Customers
Experience: Attorney with 29 years of experience.

Richard is online now

A new question is answered every 9 seconds

How JustAnswer works:

  • Ask an ExpertExperts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional AnswerVia email, text message, or notification as you wait on our site. Ask follow up questions if you need to.
  • 100% Satisfaction GuaranteeRate the answer you receive.

JustAnswer in the News:

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

What Customers are Saying:

Mr. Kaplun clearly had an exceptional understanding of the issue and was able to explain it concisely. I would recommend JustAnswer to anyone. Great service that lives up to its promises!

Gary B.Edmond, OK

My Expert was fast and seemed to have the answer to my taser question at the tips of her fingers. Communication was excellent. I left feeling confident in her answer.

EricRedwood City, CA

I am very pleased with JustAnswer as a place to go for divorce or criminal law knowledge and insight.

MichaelWichita, KS

PaulMJD helped me with questions I had regarding an urgent legal matter. His answers were excellent.

Three H.Houston, TX

Anne was extremely helpful. Her information put me in the right direction for action that kept me legal, possible saving me a ton of money in the future. Thank you again, Anne!!

ElaineAtlanta, GA

It worked great. I had the facts and I presented them to my ex-landlord and she folded and returned my deposit. The 50 bucks I spent with you solved my problem.

TonyApopka, FL

Not only did he answer my Michigan divorce question but was also able to help me out with it, too. I have since won my legal case on this matter and thank you so much for it.

LeeMichigan

< Previous | Next >

Meet the Experts:

Tina

Tina

Lawyer

8,775 satisfied customers

JD, BBA Over 25 years legal and business experience.

Ely

Ely

Counselor at Law

24,353 satisfied customers

Private practice with focus on family, criminal, PI, consumer protection, and business consultation.

INFOLAWYER

INFOLAWYER

Attorney

20,727 satisfied customers

Licensed attorney helping individuals and businesses

JPEsq

JPEsq

Attorney

2,132 satisfied customers

Experience as general attorney, in house counsel, SSDI, Family Law attorney, and law professor

Law Educator, Esq.

Law Educator, Esq.

Attorney

42,358 satisfied customers

JA Mentor -Attorney Labor/employment, corporate, sports law, admiralty/maritime and civil rights law

Ellen

Ellen

Lawyer, Consultant

8,238 satisfied customers

25 years of experience helping people like you.

Guillermo J. Senmartin, Esq.

Guillermo J. Senmartin, Esq.

Attorney

292 satisfied customers

7+ years of experience handling various legal matters.

< Previous | Next >

Related Legal Questions
Need to get a court order to show ownership of a motor home
Need to get a court order to show ownership of a motor home unable to get a title from dealer. Purchased by father who is 92 and the company purchased from is under investigation for fraud. … read more
Law Educator, Esq.
Law Educator, Esq.
Attorney
Doctoral Degree
42,358 satisfied customers
If I change the ownership on investments out of my name and
If I change the ownership on investments out of my name and withdraw funds from my bank account prior to filing for divorce, will that protect those assets from the 50/50 division in CA? … read more
Thelawman2
Thelawman2
Doctoral Degree
1,299 satisfied customers
My husband and I have a life estate will on a piece of
My husband and I have a life estate will on a piece of property that we own 50/50. Are we allowed to sell that property or any portion of it during our lifetimes … read more
Barrister
Barrister
Attorney/Landlord/Realtor
Doctoral Degree
35,370 satisfied customers
When - At what point - does a seller lose ownership, or
When - At what point - does a seller lose ownership, or control/responsibility of the product, in a "Sale" "Purchase." … read more
Legal Eagle
Legal Eagle
Attorney
Doctoral Degree
7,403 satisfied customers
Is there a title company in Chicago by the name of
Is there a title company in Chicago by the name of Independence Federal … read more
KLAW
KLAW
Juris Doctorate
1,773 satisfied customers
I am listed on my mother's deed to her home - life estate
I am listed on my mother's deed to her home - life estate deed. I live and take care of her - for 7 years now - she is 99 and getting to the point that I can no longer care for her as she needs. My qu… read more
LawGuy
LawGuy
Juris Doctor
123 satisfied customers
A person is listed in public records of having ownership and
a person is listed in public records of having ownership and also has the title and deed another person filed a les pendens on the property and claims she now has ownership also does she … read more
ScottyMacEsq
ScottyMacEsq
Doctoral Degree
17,324 satisfied customers
I purchased a vehicle, but have not taken ownership yet. The
I purchased a vehicle, but have not taken ownership yet. The car had a rattle and the dealership said that they'd fix the rattle and documented they would on the sale. The manager from the dealership … read more
INFOLAWYER
INFOLAWYER
Attorney
Doctoral Degree
20,727 satisfied customers
I have a question regarding personal property ownership
I have a question regarding personal property ownership after death … read more
LawGuy
LawGuy
Juris Doctor
123 satisfied customers
I need to get an understanding about the LIFE ESTATE on the
i need to get an understanding about the LIFE ESTATE on the property I am purchasing … read more
LawGuy
LawGuy
Juris Doctor
123 satisfied customers
I'm in Tennessee, I have a life estate on some commercial
I'm in Tennessee, I have a life estate on some commercial retail property. What is my percentage of ownership when I sell property … read more
LawGuy
LawGuy
Juris Doctor
123 satisfied customers
Me and my 2 sisters are remaindermen in a Life Estate. What
Me and my 2 sisters are remaindermen in a Life Estate. What are my options? My mother dies a few weeks ago. … read more
Barrister
Barrister
Attorney/Landlord/Realtor
Doctoral Degree
35,370 satisfied customers
What is the cost of change in ownership in Ghana for will
What is the cost of change in ownership in Ghana for will that has passed property to a child of majority age? … read more
LawGuy
LawGuy
Juris Doctor
123 satisfied customers
I have a question regarding a life estate. My father-in-law
Hello! I have a question regarding a life estate.My father-in-law is currently in a long-term care residence and was declared incapacitated a year ago. My husband is his Power of Attorney and Personal… read more
KLAW
KLAW
Juris Doctorate
1,773 satisfied customers
Present value of A remainder in $400,000,. Life Estate is
Present value of A remainder in $400,000,. Life Estate is age 57 … read more
LawGuy
LawGuy
Juris Doctor
123 satisfied customers
I HAVE TWO LIFE ESTATES - TWO PROPERTIES GIVEN BY THE SAME
I HAVE TWO LIFE ESTATES - TWO PROPERTIES GIVEN BY THE SAME PERSON WHO DECEASED. CAN I HOLD TWO LIFE ESTATES. DO I HAVE TO LIVE IN BOTH SAY 6 MONTHS OUT OF THE YEAR FOR EACH ONE? … read more
LawGuy
LawGuy
Juris Doctor
123 satisfied customers
I am the owner of a townhome in another city (life estate
I am the owner of a townhome in another city (life estate from my mother at her death). I added my son to my current life estate. I would like to make my son the sole owner now and end the life estate… read more
Expert James
Expert James
Doctoral Degree
11,711 satisfied customers
In granting a life estate to his wife for his 50% interest
In granting a life estate to his wife for his 50% interest in a property, my dad's trust states " The Grantor's spouse shall be granted a life estate in the following real property (insert name of pro… read more
Legal Eagle
Legal Eagle
Attorney
Doctoral Degree
7,403 satisfied customers

DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

Show MoreShow Less

Ask Your Question

x