ApprehensiveBRO
New Member
When my father died he left everything in a trust which my sister and I were to split evenly. The house and property are the only unresolved item and she has been living in it for the last 5 years since his death. I havnt acted on my share of the house as my sister is far from financially stable and has a child. But now I worry it has become a liability and could come back to bite me. She has already taken out two small loans against the house and now is forced to take out a third. I worry that as the house deteriorates I am loosing out on part of my inheritance. I also worry that as she has to take out more loans which I also have to sign to let that happen, that i may be forced to pay off those debts or face the house being taken. I have reached a point where I need to look at ways out of this co-ownership. What are my options to take my share of an item such as a house and get my name off the deed? Any advice would be appreciated. I live in Illinois.
