Re: Life Estate Gave Gift Money then Moved Out and Wants Gift Money Returned
what did you give her in the life estate. Depending on how it was constructed, you could actually be her tenant or, depending on how it was written, merely a co-tenant.
In either situation, she could rent or sell her interest.
If you were her tenant, she could evict you. If a co-tenant, she couldn't.
terminating the life estate; difficult, at best.
does she have a rat's but chance of winning the claim for the return of the gift; no
does she have a chance to make you wish you never accepted the gift; a given.
Offer to buy her life tenancy which, strangely enough, I would bet would be worth just about the same amount as the gift she presented you with previously.
Any advice on what we should do,
If you can do that, it might be the best solution. If not, then it sounds like you have a tough row to hoe in getting the resolved.
I am not an attorney and any advice is not to be construed as legal advice. You might even want to ignore my advice. Actually, there are plenty of real attorneys that you might want to ignore as well.