The answer is generally no. A TOD deed cannot be used as a means to defeat other legal rights or claims, such as homestead rights or rights to renounce of…
In 2020, Mississippi enacted the transfer on death act that allows real estate to transfer on the death of the owner to persons designated in the deed. An owner can…
Under the Simultaneous Death Law of Mississippi they are both assumed to have survived the other. This means the heirs of each would receive 50% of the property.
You can make a Living Trust and convey the property to the trust with the children as beneficiaries after you die or you can convey the property now using a…
Important matters relating to a life estate in Mississippi include the following: Grant the Life Estate: The owner of the property (grantor) must execute a legal document, such as a…
If you leave a Will but do not mention real estate you own and there is no co-tenant, Mississippi Law provides the following: “When any person shall die seized of…
A life estate is a type of ownership of property. Once the life tenant dies, abandons the property or conveys their interst the property goes to the remanderpersons named in…
Yes. This is very important and people are generally not familiar with the different types of ownership and there effect on our estate. Type of ownership include Joint Tenants, Tenants…
