If there is a Will, then follow the Will execution order.
If there is no Will, then it will follow existing estate law.
So, if follow the estate law, then the answer to above question is "yes".
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Dec 12 2017, 10:17 AM
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#1
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Staff
25,802 posts Joined: Jan 2003 From: Penang |
If there is a Will, then follow the Will execution order.
If there is no Will, then it will follow existing estate law. So, if follow the estate law, then the answer to above question is "yes". |
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Dec 12 2017, 05:09 PM
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#2
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25,802 posts Joined: Jan 2003 From: Penang |
QUOTE(chockie @ Dec 12 2017, 11:27 AM) When the mother passed away, her asset will be distributed according to estate law (if there is no Will). So the 50% of the houseownership (due to house joint owned with daughter) will be distributed evenly among the children. |
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Dec 18 2017, 09:46 AM
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#3
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25,802 posts Joined: Jan 2003 From: Penang |
QUOTE(topearn @ Dec 18 2017, 09:42 AM) Mother owns 50%, so will split 1/2 to the son and daughter, so son and daughter gets 25% of the house. In summary, daughter still hold the major portion - 75% while son holds 25%. Is this correct ? Yes, but in joint property ownership, if the bro doesn't want to sign any document regarding the property ownership (aka to rent/to sell or whatever), the property can't be sold nor rent (technically), disregard the bro has only 25% or whatever %.If mother and daughter both contributed to buy the house last time, then this split is fair, and mother has to be fair to distribute the house to all her children. In property transaction, all joint owners must sign, missing one also cannot, disregard the one hold how many %. It is about following estate law (if there is no Will), not about fair or not fair issue. |
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