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Edgar
Widow has use rights on land and 2 rent houses from her deceased husband's will. Upon her death,?
the land and rent houses go to her stepsons.
One of the rent houses burns down. There is nothing in the
will about required maintenance, insurance, etc, but is that implied? Widow has insurance on the house, and is going to get a check for $40k. None of the parties wants to rebuild the house. One stepson proposes via his lawyer that the $40k be invested with the interest going to widow and upon her death, the $40k goes to the stepsons.
What is a fair settlement?
thanks!
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