My Parent Added My Sibling To Title And Then Passed Away. What Now?
Do you have a parent who transferred a title to property into joint tenancy with someone else, such as one of your siblings? Did that person provide little to no consideration for the acquisition of the property? Has your parent now passed away and is that person claiming sole ownership of the property? Does this affect your distribution under the terms of a will? This blog will attempt to demystify what’s known in estate law as a resulting trust claim.
As a person ages, they may seek assistance to carry out their finances. For example, a parent may add an adult child to their bank account as a joint account holder or transfer the family home to their child. Upon their passing, this can creates complications. For instance, when the parent had other children who were not added as joint account holders or were not transferred an interest in real