Friday, 18 July 2014

if a person dies and still owes on there home what do you do if you do not wish to take control of it.

Question

if a person dies and still owes on there home what do you do if you do not wish to take control of it.



Answer

If you're the executor of the will, you could sell the home and

use the proceeds of the sale to pay off the holder of the mortgage

and then distribute anything left over to the beneficiaries named

in the will.



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