If the father of 2 children passes away and leaves a house but one of them moves in, what compensation does the other child get?
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If the father of 2 children passes away and leaves a house but one of them moves in, what compensation does the other child get?
Asked on April 4, 2013 under Estate Planning, Illinois
Answers:
Victor Waid / Law Office of Victor Waid
Answered 11 years ago | Contributor
One half the value as if the property was a rental to you, plus one half the taxes, expenses, and depreciation. don't delay on this and make demand NOW, or you may lose some of your rights as a landlord as she owes you rental for one half.
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