This is for the Doddridge County, West Virginia 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 acreage I have leased and how much is left to lease? Mary Lee Scalf