dimanche 13 mai 2018

Co-Ownership: Passing Down Aging Family Members Ownership

My question involves real estate located in the State of: PA / OH

Hi. Need to start a little research before contacting someone....
I have an aging family member living in PA who has shares in an old hunting cabin with a few other friends. Our family is wondering how we can get his share written in for one of us in case of his passing. We would like to take over that part of ownership and keep our share of the property in the family. Property and building are not worth much more sentimental than anything.

Heard something about a quick deed claim at times?
Something like this need to go through a will?
Would other members have to be notified ahead of time on this or sign off while he's still living?

Thanks for any help.


Co-Ownership: Passing Down Aging Family Members Ownership

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