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Relationship Discussion (non-explicit)
Reply to "DW's Inheritance- Beach House"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Who owns the beach house?[/quote] OP here. My wife and I own the house and have for 4 years. We pay the taxes, the insane insurance, and I alone handle all of the repairs of which there is plenty. The upkeep runs about 10 grand a year minimum and I easily spend a week's labor dealing with the petty stuff like plumbing leaks, rotted deck board, replacing shingles, grading the drive, dock repairs, etc. As anyone who owns a beach house will tell you- the upkeep is constant. Salt water and wind destroy most things.[/quote] Who owns this house on paper? Was there an actual transaction recorded whereby he transferred his interest in the property to you and your wife? If not, then you need to consult a lawyer and work this out before you try to deny him physical access to the house.[/quote] From OP's description, he never had an interest. There were three properties in the estate. Two were sold. When the proceeds were split, the brother received $400k more instead of a half share of the beach house, which then passed from the estate to OP's wife (and then to OP jointly). There is no need to make this complicated at all. [/quote] If northern nam is on the deed he still owns half. [/quote] Brothers name[/quote] Why would the brother's name have ever been on the deed? OP is pretty clear that the estate was large and was settled. You can't do that without probate or legal structures like a trust. This is a rabbit hole.[/quote]
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