Full question:
I have lived in my home for 24 years. The land on which I live belongs to my mother and sister. I have never been asked for rent or payment of any kind, however my mother is getting older and I want to ensure that if something were to happen to her that I will inherit the land on which I live. What is the best option for us to ensure this?
- Category: Wills and Estates
- Date:
- State: Louisiana
Answer:
A gift or transfer might be made through deed. Children usually inherit real property through a will, trust, or intestate succession. The following is a portion of a LA statute:
The exemption provided in Subsection A shall extend to the surviving spouse or minor children of a deceased owner and shall apply when the homestead is occupied as such and title to it is in either the husband or wife but not to more than one homestead owned by the husband or the wife. The exemption shall continue to apply to a homestead otherwise eligible while owned in indivision by the spouses, and occupied by either of them, when the community property regime of which the homestead is a part is dissolved by judgment which so provides, pursuant to R.S. 9:381 et seq., or Article 159 or 2375 of the Louisiana Civil Code. If either spouse becomes the sole owner and continues to occupy the homestead as such, the exemption as to that spouse shall be deemed to have continued uninterrupted.
Based on the information provided, or nature of the matter, we are unable to assist over the Internet. It would probably be best that you consult a local attorney for assistance with this, who can review all the documents and facts involved.
This content is for informational purposes only and is not legal advice. Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.
