My question involves estate proceedings in the state of: CA
My mother executed that gives each of her kids an equal ownership in the only asset we have - the family house (which is fully paid for).
My question is: is it possible to have my mom add a stipulation that says if we do decide to sell the house, that it cannot happen no less than 1 yr after my mothers death?
The reason this is important to me is because I run my business from my parents house and have quite a bit of tools, supplies, etc there. And although I can move to another location, I cannot do it at the drop of a hat (ie. I will a few months). My only concern is that my siblings would want to sell the house immediately which places a tremendous burden on me and my growing business.
Obviously I don't expect (and cant) make this change myself -my mother will as she is currently in good health.
Any feedback would be great, thanks
My mother executed that gives each of her kids an equal ownership in the only asset we have - the family house (which is fully paid for).
My question is: is it possible to have my mom add a stipulation that says if we do decide to sell the house, that it cannot happen no less than 1 yr after my mothers death?
The reason this is important to me is because I run my business from my parents house and have quite a bit of tools, supplies, etc there. And although I can move to another location, I cannot do it at the drop of a hat (ie. I will a few months). My only concern is that my siblings would want to sell the house immediately which places a tremendous burden on me and my growing business.
Obviously I don't expect (and cant) make this change myself -my mother will as she is currently in good health.
Any feedback would be great, thanks
Serving as Agent: Setting Provisions in a Family Will on the Sale of Property
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