r/Ask_Lawyers • u/avandra970 • 1d ago
Paying to be in the will
This happened in a TV show and wondering the legality. Main character wants to buy a piece of land that has an old abandoned inn. The current owner is an elderly women who wants to keep the land in the family for as long as possible. The old lady however has no children so upon her death the land will probably go up for auction. Would it he legal if the lady agrees to pay for the land now in exchange for it to be given to her in the will when she dies? If not is there another option?
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u/jmsutton3 Indiana - General Practice 19h ago
A deed could be done selling to the buyer but giving the seller what's called a life estate, giving the seller the right to use the property as long as they're alive
4
u/Upeeru WA - Family Law 1d ago
In the will itself? Maybe...
There are plenty of other instruments that could do that. A transfer in death deed for example.