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Owner or TIC?
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Both of their wills are the same , each leaving their assets to us 3 adult children. Here is the actual wording.
Distribution of Residue
7. To receive any gift or property under this Will a beneficiary must survive me for thirty (30)
days. Beneficiaries of my estate residue will receive and share all of my property and assets
not specifically bequeathed or otherwise required for the payment of any debts owed,
including but not limited to, expenses associated with the probate of my Will, the payment of
taxes, funeral expenses or any other expense resulting from the administration of my Will.
The entire estate residue is to be divided between my designated beneficiaries with the
beneficiaries receiving a share of the entire estate residue. All property given under this Will
is subject to any encumbrances or liens attached to the property.0 -
^^^^^^
That does not mention the house.My father has recently died and in his will he has left his 50% share of the house to his 3 adult children.
Where does it say his 50% goes to the 3 children0 -
No mention of the house in the will would suggest that asking ownership as TIC has not even been thought about.
Unless you can find documentary evidence to the contrary then the house is now owned by your mother outright.0 -
Asking as Father recently died and not sure if Mother is now sole owner or because he stipulated his assets be shared between his 3 adult children, if that indicates TIC!?Both of their wills are the same , each leaving their assets to us 3 adult children. Here is the actual wording.
Distribution of Residue
7. To receive any gift or property under this Will a beneficiary must survive me for thirty (30)
days. Beneficiaries of my estate residue will receive and share all of my property and assets
not specifically bequeathed or otherwise required for the payment of any debts owed,
including but not limited to, expenses associated with the probate of my Will, the payment of
taxes, funeral expenses or any other expense resulting from the administration of my Will.
The entire estate residue is to be divided between my designated beneficiaries with the
beneficiaries receiving a share of the entire estate residue. All property given under this Will
is subject to any encumbrances or liens attached to the property.
That clause applies to the residue - that's what left after other things have been distributed.
What do the earlier clauses say?0 -
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