Can Minors Legally Own Property at Theresa Mcghee blog

Can Minors Legally Own Property. Minors can own real estate. The answer to the other question appears to establish that (in general, or at least in some states or by common law) minor children can legally own. A custodianship is a convenient way for a minor to hold title, but there can be estate planning and taxation ramifications when children. It's not that uncommon for a minor to inherit real estate for example. They also can't own property or consent to most types. For example, children don't have certain political rights like the right to vote. Minors in most us states can and do own property, and their parents have no automatic right to take that property. In some states there is. There is probably nothing that legally. All children under the age of 18 have the same rights with respect to owning property. They cannot enter into a contract without a parent. Firstly, without an estate there is no one who can lawfully title the property to anyone, minor or no. First, while real property can be conveyed directly to a minor, property owned by a minor cannot be sold, mortgage or otherwise.

They cannot enter into a contract without a parent. For example, children don't have certain political rights like the right to vote. Minors in most us states can and do own property, and their parents have no automatic right to take that property. Firstly, without an estate there is no one who can lawfully title the property to anyone, minor or no. It's not that uncommon for a minor to inherit real estate for example. They also can't own property or consent to most types. The answer to the other question appears to establish that (in general, or at least in some states or by common law) minor children can legally own. In some states there is. A custodianship is a convenient way for a minor to hold title, but there can be estate planning and taxation ramifications when children. There is probably nothing that legally.

Property Sale by a minor a disabled person. Court authorization.

Can Minors Legally Own Property Firstly, without an estate there is no one who can lawfully title the property to anyone, minor or no. There is probably nothing that legally. Firstly, without an estate there is no one who can lawfully title the property to anyone, minor or no. All children under the age of 18 have the same rights with respect to owning property. The answer to the other question appears to establish that (in general, or at least in some states or by common law) minor children can legally own. Minors in most us states can and do own property, and their parents have no automatic right to take that property. First, while real property can be conveyed directly to a minor, property owned by a minor cannot be sold, mortgage or otherwise. Minors can own real estate. They also can't own property or consent to most types. A custodianship is a convenient way for a minor to hold title, but there can be estate planning and taxation ramifications when children. In some states there is. For example, children don't have certain political rights like the right to vote. It's not that uncommon for a minor to inherit real estate for example. They cannot enter into a contract without a parent.