Q: Will a verbal contact be honored in the event of one party's death or incapacitation?
The short version:
My boyfriend financed a car for me. We had a verbal agreement that the car would be mine as long as I paid all payments, expenses, and down payment. It is 30 months later and I have never missed or been late for a payment and I have payed ALL related expenses.
Recently, my boyfriend's has been determined to be terminally ill. He's given durable power of attorney to a family member whom is helping him with end of life matters.
Tensions are high and I'm worried I will lose everything I put into the car. My questions are, will our agreement be considered valid once he's passed? What should I expect?
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