A. The woman herself
The estate is responsible for paying the debts of a decedent. However, in the case of a mortgage, the decedent transferred an interest in the property to a lender in exchange for money. That means the decedent didn't own the property when he died. If you want to keep the property you will need to take over the payments. If the mortgage isn't paid the lender will take possession of the property by foreclosure. If the loan is not a mortgage then generally, the creditor cannot attach any unpaid debt of your husband's to your home. However, the estate should be probated. You should consult with an attorney who specializes in probate.
The widow should arrange a consultation with an attorney who can review the title to the property and the mortgage. If the property was owned jointly or as tenants by the entirety and only the husband signed the mortgage the bank may be out of luck. If the property was in your son's name alone then his estate must be probated in order for title to pass to his heirs and the bank will take the property by foreclosure unless the mortgage is paid. You need an attorney who specializes in real estate law and probate law to review the situation and explain the widow's rights and options.
You need to review the terms of the trust. If your name is on a deed of trust then you must be the trustee. You need to review the terms of the trust to determine the status of the property now that the trustor has died. You should consult with an attorney who can review the land records to determine the status of the title. If the title is not clear you cannot sell or mortgage the property.
Yes. If you inherit a piece of property, including a house with a mortgage, you are legally obligated to pay its bills.
No, not as long as they didn't co-sign the mortgage. However, if the parents have died and their property is subject to a mortgage the lender will foreclose on the property if the mortgage isn't paid. If the heirs want to keep or sell the property they must keep the mortgage payments current.
the woman herself
the woman herself
the woman herself apex ;D
In Shakespearian times if a woman was an only child they could inherit their father's property and if their Husband died they could own the property that their Husband had ouwned
Widow
Roman mothers stayed home and raised the children. They had to do what their mother-in-law said. Women could not own property or inherit after her husband died.
If your husband died and co-owned property with other people, what was specified in the will. If there's not a will, it will go through probate court.
The wife controls 75% any children split the remaining 25%. However, if there are no children wife controls 100%
The wife controls 75% any children split the remaining 25%. However, if there are no children wife controls 100%
That would mean the decedent owned property in her own name when she died, made a will before she died and she devised (left) all her property to her husband in her will. He inherited everything.
Yes. If your husband was the sole owner of the life estate then it was extinguished when he died.
If your husband had a will the property will pass according to the provisions in the will. If he died intestate, the property will pass according to the laws on intestacy in your state. You can find the law for your state at the link below.