Estate Plan Lawyer
Region: US
Sunday 13 April 2025 20:37:06 GMT
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ggs730 :
When my mom died, the house and mortgage went to me, which I didn’t want. I was told by the bank and their lawyers that I would not have a foreclosure on my credit. They lied.
2025-04-14 20:53:18
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Buddha :
I just kept the house in my parents name and paid it just like they would have,
2025-04-16 00:30:27
3
palekid14 :
A lot of mortgage loans have an assumption clause in them that will allow you to assume the loan with the same terms. I highly recommend anyone in this situation speak to a local title company.
2025-04-16 16:53:51
0
dave504 :
don't let them know the person is dead, just keep paying it in their name
2025-04-15 19:09:48
3
kaymaza :
Parents transferred our fam home before Prop 19 that still has an outstanding mortgage. If we were to transfer the home into a trust/LLC, can the mortgage company be able to call the loan?
2025-04-14 02:46:22
0
Elexinia :
or. if you inherit the home. keep it in the parent name but just deposit money into the account its taking funds from. in the end it won't hurt anything. no foreclosures on credit and no mortgage
2025-04-15 13:32:35
0
ThatDamnCharlie :
Grandparents passed in 2008/2011…. Parents just pay the mortgage… we at $10k balance now
2025-04-14 13:19:34
8
Knita :
Once the settlor of the trust passes then what does the trustee have to do to give the beneficiaries the funds and assets? Do they show the trust to the financial institutions?
2025-04-14 04:37:02
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Ziggy :
My dad has a VA loan on his. He’s been wondering what would happen with it if he died. My sister wants the house but figured being a Va she couldn’t transfer it.
2025-04-15 17:36:18
0
dbilkiss :
Is a codicil an amendment and legal
2025-04-14 00:52:24
0
BSoRo :
Please elaborate on reverse mortgage. I live nowhere near my parents & already feel like this is going to be a disaster.
2025-04-13 21:54:27
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sara.elizza.beth :
What if you can’t qualify for a mortgage?
2025-04-13 22:22:37
1
SFHICO :
Have it in the trust and then you pay it with funds from the trust. Better to keep existing terms as they are better than current rates. Also if a payment is late no big deal cuz not your credit.
2025-04-14 23:13:26
0
duoop :
St Germaine act in c
2025-08-07 05:10:25
0
jefficitogrande :
If inherited in a trust does the mortgage just continue with the new trustee ?
2025-04-14 15:46:11
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Jessica Hammonds :
how's it work when you want to sell right away? my parents just refi when it was almost paid off...
2025-04-14 21:52:33
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Matt Meyer :
If they had mortgage insurance, wouldn't that cover the remaining balance?
2025-04-14 23:29:22
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🐽 Rachel :
👍👍👍
2025-04-14 12:40:41
0
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