Updated about 2 years ago on . Most recent reply
Act of Donation after Succession / Judgement of Possession
Hello all,
I'll start by saying I'm in Louisiana and I'm in contact with an attorney to start the succession process for my mother. I wanted to gather some opinions on what may be the best way to perform an act of donation after the property is settled.
My mother was remarried and my step-father is still living. We want him to obtain 100% ownership of the home (mobile home with land and mortgage), but it seems as though I will need to go through the succession process in order to receive a judgement of possession and then donate my interest back to my step father. My main questions are:
Will the home need to be refinanced/sold after performing an AoD to an existing partial owner?
Is this required to go through a title company?
I'll start by saying I'm in Louisiana and I'm in contact with an attorney to start the succession process for my mother. I wanted to gather some opinions on what may be the best way to perform an act of donation after the property is settled.
My mother was remarried and my step-father is still living. We want him to obtain 100% ownership of the home (mobile home with land and mortgage), but it seems as though I will need to go through the succession process in order to receive a judgement of possession and then donate my interest back to my step father. My main questions are:
Will the home need to be refinanced/sold after performing an AoD to an existing partial owner?
Is this required to go through a title company?
Any other suggestions, requirements, opinions that you know that may help?
Thank you!