Does Person With Life Estate Or Subsequent Beneficiary Have A Duty To Pay Property Taxes? Michael T. Sawyier
Q.
My husband's father passed away and left some
rental property to his wife (my husbands step-
mother).
The will gives her a life estate with interest and
after her death it goes to my husband and his
sister. She
has not paid the property tax for 2 years and it will
go up for tax sale on June 26th. She collects
$1000.00
per month from this property. Is there anything my
husband and his sister can do since his father
wanted
them to have it after her death? It states that in the
will.
-- terri
A.
An action for waste may be brought when
someone
who lawfully has possession of real estate destroys
it, misuses it, alters it, or neglects it so that the
interest of a person having a future right of
possession is prejudiced in some way or the land's
value is diminished. The remedies in an action for
waste may include an injunction to prevent further
waste and monetary damages.
A life tenant is a lawful possessor of property
during his or her life. A life tenant acts as an
implied or quasi trustee for the subsequent
beneficiary of the property, known as the
remainderman. As such, the life tenant has certain
duties and obligations to fulfill. The life tenant has
the duty to pay real estate taxes assessed against
the land during the life tenancy, protect the
property from tax sales, and keep the property free
from encumbrances. The failure to pay real estate
taxes prejudices the future right of possession of
the remainderman, and therefore may constitute
waste.