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daroyalle4
Please Help...My mother in law just died in May and left her house to her three sons?
Please help. I will try to be as clear as possible. My husband just lost his mom in May.
My mother-in-law left the home to her three boys in her unsigned will. The older brother is currently residing in the home. He has been unemployed and sponging off his mom for forty + years, now that she has passed he hasn't been able to pay any bills so everything is being shut off, electric, gas, water, etc. The younger brother is in a mental institution.
My husband has power of attorney for the little brother.
Here is our dilemma. The older brother wants to wait until the property is foreclosed before trying to sell or do anything. My husband at first wanted to sell as soon as possible to split the equity and be fair, but now he is listening to his older brother - saying let's wait for months.
I am saying, why wait, let's go talk to a real estate agent/financial planner now to see what our options are.
Hubbie then tells me that foreclosure won't happen for months so why go talk to someone now.
Am I being a nagging wife or should we start the proceedings now to either sell the home and have the brothers split the equity or have one of the brothers buy the other one out or should we wait?
One more piece of information. The house is STILL in my Father-in-law's name and he passed away 17 years ago.
Someone please advise me. I don't know what to do.
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