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Bottom line, whether you can live there will depend upon who is the legal owner and whether they want you to leave. The house should have been part of the uncle's estate and an executor would have had the deed changed to the aunt's name, as she may be the sole heir to the home under the local laws of intestacy, but often only if there were no surviving children (they might get half). On the aunt's death, her estate would have the property and distribute it in accordance with the intestate laws in her state of residence. Chances are that you wouldn't get the property without a will, but it is certainly possible, particularly if there are no children or other closer living relatives (i.e., parents, siblings, grandparents, cousins, in the order prescribed by law). In many states the deed would not necessarily be changed until the house is conveyed by sale, as probate and divorce records are part of the title. Also, if it were a community property state, then different rules would apply.
What else can I help you with?
Mortgage is in your name spouse dies will mortgage life insurance pay off house?
If the mortgage is in your name it would not be affected by the death of your spouse. Mortgage life insurance is coverage that is taken out so that your house would be paid for in the event of your death.
What if name was changed on mortgage afer death of deceased?
The name on a mortgage cannot be changed. A different person can become obligated on the mortgage if he guarantees it or the mortgage is refinanced.
What is mortgage protection insurance and how does it provide coverage in the event of death?
Mortgage protection insurance is a type of insurance that pays off your mortgage in the event of your death. It provides coverage by paying the remaining balance of your mortgage to the lender, ensuring that your loved ones are not burdened with the debt.
How can I request a nursing home refund after the death of a loved one?
To request a nursing home refund after the death of a loved one, you should contact the nursing home administration and provide them with the necessary documentation, such as the death certificate and any relevant financial information. It is important to follow up with the nursing home to ensure that your request is processed in a timely manner.
Will your be son be responsible for the mortgage on the property left to him in your will?
Yes, unless you arrange for insurance to pay the mortgage in the event of your death. Your son would inherit the property subject to the mortgage. He would need to continue paying the mortgage or the bank will take possession of the property by foreclosure.Yes, unless you arrange for insurance to pay the mortgage in the event of your death. Your son would inherit the property subject to the mortgage. He would need to continue paying the mortgage or the bank will take possession of the property by foreclosure.Yes, unless you arrange for insurance to pay the mortgage in the event of your death. Your son would inherit the property subject to the mortgage. He would need to continue paying the mortgage or the bank will take possession of the property by foreclosure.Yes, unless you arrange for insurance to pay the mortgage in the event of your death. Your son would inherit the property subject to the mortgage. He would need to continue paying the mortgage or the bank will take possession of the property by foreclosure.
What has the author Barbara A Backer written?
Barbara A. Backer has written: 'To listen, to comfort, to care' -- subject(s): Attitude to Death, Death, Nursing, Nursing Care, Psychological aspects, Psychological aspects of Nursing, Psychology, Terminal care
Can a mortgage be omitted from probate if the property was deeded to someone else before death?
No, the mortgage is a debt of the estate. That mortgage must be resolved before the property can be transferred.
What is mortgage insurance for death and how does it protect my loved ones in the event of my passing?
Mortgage insurance for death is a type of insurance that pays off your mortgage if you die. It protects your loved ones from having to worry about making mortgage payments after you're gone, ensuring they can stay in the home without financial burden.
What is the meaning of the word mortgage?
I believe Mort is a French word meaning "death" and gage means "pledge or agreement" So the meaning of the work Mortgage is an "agreement till death."
What has the author Patricia Evelyn Kasmarik written?
Patricia Evelyn Kasmarik has written: 'Attitude score changes toward death and dying in nursing students' -- subject(s): Death, Nursing, Psychological aspects, Psychological aspects of Death, Psychological aspects of Nursing, Study and teaching, Terminal care
How do I know if I have mortgage protection insurance?
You can know if you have mortgage protection insurance by checking your mortgage documents or contacting your mortgage lender or insurance provider. Mortgage protection insurance is typically purchased separately from your mortgage and is designed to help pay off your mortgage in case of death, disability, or critical illness.
Who is responsible for mortgage debt after death?
The mortgage debt is the responsibility of the estate. The mortgage will have to be satisfied before the estate can be closed. Before anything in the estate can be distributed, the debts have to be cleared.
