My question involves real estate located in the State of: Wisconsin
Over 20 years ago, my grandfather died leaving land in a life estate to my mother with my sister and I named as remaindermen. At the time, we were both teens, now we are both in 30's.
No one uses this land, no one lives on it. There are people interested in buying it and we are ALL interested in selling. (my mother doesn't want proceeds as she says this was ultimately to go to my sister and myself).
Is it possible for my mother to sign away her rights as the life tenant and allow my sister and I to own it now? She's (hopefully) several years away from dying and right now this is just something we all share taxes on.
Thanks for any help!