Q: My siblings and I were the recipients of my mothers house many years ago. The transfer says she may live there for the
Rest of her natural life. She is in a memory facility with no chance at recovery from her cognitive decline. May we sell the house?
Or must we board it up until her physical death?
A: If her Power of Attorney document allows you to sell real estate, then you can sell it now.
A:
How did the transfer spell out those terms? Was the house in a Trust? Much depends on the specifics. I recommend sitting down with an estate planning attorney to discuss the situation in detail.
Best of luck.
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