Sally Hill
New Member
- Jurisdiction
- New Mexico
My husband purchased a mobile home and placed it on my father's property with his permission. We were told the property was in an irrevocable trust with myself, my brother and sister being the 3 beneficiaries. We were not too concerned at the time and my father told me that at any time we wanted to sell the house, he would cut out that piece of land for us so that we could sell it.
Due to financial reasons, my father and his wife now wants to sell the property. It has become unclear if the property is or ever was in an irrevocable trust. I'm curious as to what my husband's options are with regards to the house we have sitting on the property. The home is in his name, not mine, although the home is for both our enjoyment while visiting my parents.
Is my father's offer to cut out the land for us a binding verbal contract? If so, how does the property possibly being in an irrevocable trust affect that contract?
If the land is not in a trust and he sells it, what are my husband's options in recouping the cost of the home that he holds the title to? Can my father sell the home with the property although he doesn't own the home? The mobile home was remodeled in such a way is it can never be moved at this point.
Is there any way I can find out the disposition of the property and who actually is the trustee or the owner?
Due to financial reasons, my father and his wife now wants to sell the property. It has become unclear if the property is or ever was in an irrevocable trust. I'm curious as to what my husband's options are with regards to the house we have sitting on the property. The home is in his name, not mine, although the home is for both our enjoyment while visiting my parents.
Is my father's offer to cut out the land for us a binding verbal contract? If so, how does the property possibly being in an irrevocable trust affect that contract?
If the land is not in a trust and he sells it, what are my husband's options in recouping the cost of the home that he holds the title to? Can my father sell the home with the property although he doesn't own the home? The mobile home was remodeled in such a way is it can never be moved at this point.
Is there any way I can find out the disposition of the property and who actually is the trustee or the owner?