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Family Relationships
Reply to "When the estate breaks the family"
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[quote=Anonymous]OP, get advice from a lawyer in the relevant state. Did the will address the house? If not, and if agreement cannot be reached, partition may be the only answer. I would personally not agree to a quit claim in this situation with an equal cash split. The house is a valuable asset of the estate. Unfortunately the family relationships are likely permanently damaged no matter what. Your parent and the sib could have addressed this when the sib's financial situation changed, buying out and refinancing, but did not. Thus, it's part of your parent's estate. The sib can continue to live there but not without making the estate whole. How would it be fair for them to get an expensive gift posthumously that was not given when your parent was alive? [/quote]
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