my grandparents has four children after their death who has to keep the deed?
- HockeyLv 62 months ago
Why is it so hard for people to write it in a way that we can understand?
- oklatomLv 72 months ago
Whomever their will directs it to go do, or lacking a will whomever the courts assign as executor will take care of making those decisions.
- Beverly SLv 72 months ago
Whoever your grandparents will the property to.
- 2 months ago
They all can get equally. Or if no one here property will goes in government hand.
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- SlumlordLv 72 months ago
The house will be inheritied per the grandparents instructions. Typically, assuming the grandparents dont want to play favorites, the house would be given equally to the four children and then they will either sell the house and split the proceeds or one of them could buy out the other 3 (probably by getting a mortgage), or whatever.
- realtor.sailorLv 72 months ago
The heirs don't get to "keep" the deed. A new deed is executed by the executor of the estate.
- LollyLv 72 months ago
This question is why there are lawyers.
- RichardLv 72 months ago
It depends upon how their will or estate trust was set up. If the grandparents did not prepare a will or trust, the procedure will follow state law - and every state has its own rules.
- curtisports2Lv 72 months ago
No one HAS to keep the deed. Anyone can get a copy of it from the recording office - usually the town or parish clerk's.
As for who gets the PROPERTY, that is an entirely different question. That will be answered in the will of the surviving grandparent. And if the surviving grandparent doesn't update their will after their spouse passes (because generally, spouses leave their estate and property to the other spouse), then the laws of the state may come into play. NONE of the children are owed anything by their parents unless there is no will or a will doesn't answer the question of who gets what, and then state law comes into play.
So, as you can see, you aren't going to get the answer you want here. We don't have the info we need to answer it.
- Iggy RockoLv 72 months ago
Whoever their will says gets the deed.