My husband got a large line of equity loan from a major bank on our home. It was in his name only. He then passed away. The property was in both of our names in a living trust. The bank is hounding me to get executorship and give them this property. Isn't there an easier way to transfer property out of a living trust to a bank? I left the house 2 years ago when I knew it was going into foreclosure.
Answer
There likely is an easier way. You should consult with a real estate attorney to assist you with this process.
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