Doddridge County group - Life Estate information

this is for the Doddridge County WV group. Can a life estate be included in a will or must it be a separate document. How does one do a life estate? Help. Mary Lee Scalf

Dear Ms. Schalf,

A life estate can be created by grant, will, operation of law, etc.

In your case, I would have a real estate attorney get involved and perhaps a CPA, if you plan on transfers of property.

Best

Buddy Cotten



Buddy Cotten said:

Dear Ms. Schalf,

A life estate can be created by grant, will, operation of law, etc.

In your case, I would have a real estate attorney get involved and perhaps a CPA, if you plan on transfers of property.

Best

Buddy Cotten

Mineral Manager

Dear Mr. Cotton, Thank you for your response to my question regarding life estate. Best to you, Mary Lee Scalf

Another question. I now live in Virginia. Do I need to come to WV to do a life estate? Any information on how to learn how much acerage I have leased and how much is left to lease? Mary Lee Scalf