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Reply to "What happens if my grandpa doesn't leave my mom the house she half owns?"
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[quote=Anonymous]I thought you were my kid writing this with very minor changes. The answer is that your mom owns half the asset and whatever portion (if any) her dad leaves her, unless the house was titled with a right of survivorship to your mom when they originally bought it. My cabin is similar- 50/50 with my parents, bought out my ex-husband at divorce. My dad died and my mom now owns his half. Once she dies I’ll own 3/4 of the cabin- my original 1/2 and 1/2 of my mom’s half (so 1/4). I’ll either have to buy my brother out of his 1/4 with cash or negotiate a trade with other assets I’ll be inheriting. Your mom should have had her parents pay 1/2 of all expenses for the cabin when she could- because they still own half.[/quote]
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