Legal Question in Wills and Trusts in Connecticut
Parents want to payoff my mortgage
After the death of my sisters husband, My parents want to pay off her mortgage. How do they do this as a gift? My father is worried that if he dies or goes into a home, the gift will then be taken back by the state and my sister will lose her house. Is this correct?
Asked on 9/07/06, 12:05 pm
1 Answer from Attorneys
John Heffernan
Heffernan Legal Group, LLP
Re: Parents want to payoff my mortgage
Not entirely, but it'stoo long for an email answer. Call me.
Answered on 9/19/06, 10:14 am
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