An attorney called me to consult about homestead exemption of a property owned by his clients and their two children. The parents purchased the house many years ago and have resided in the house continuously since purchase. A couple years ago they added their two children to the title, The children lived in their own separate houses.
One of the children has debt problems, and one of that child’s creditors has gotten a civil money judgment against that child. The attorney was researching whether the child’s creditor could levy upon the child’s future remainder interest in the parents’ house.