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Old 06-09-2008, 05:07 AM
JasonC JasonC is offline
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Default Home Insurance and Property Owner

Hi everyone, I didn't know where else to go with this question and found you guys through a Google search...So here I am.

My grandparents purchased their home in the 1950's and in the late 90's my Grandfather signed the property over to my Uncle when his health was declining. In 2003 my Grandfather passed away which left my Grandmother in the home. Less than a year later my Uncle committed suicide.

4 months before took his life, he remarried. So since my Uncle was the legal owner of the property, everything went to his new wife. His new wife has cut off all contact with us and has done nothing to acknowledge her "accidental" acquisition of my grandparents property. I say accidental because of the fact that she had an option of splitting the property before she signed the papers.

On to my questions; Should we continue paying Home Owners insurance on the house or just drop it. In the event of a claim, who would receive compensation; my Grandmother who still lives in the home or my Uncle's wife?

Sorry if any of this was hard to follow, I've tried to condense it as much as possible.

-Jason


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Old 07-11-2008, 02:25 PM
traction traction is offline
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Default Re: Home Insurance and Property Owner

really great information you have provided here.I am thankful of you.
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