Legal Question in Wills and Trusts in Arizona
beneficiary deed
if there is a mortgage on a property that is beneficiary deeded to adult children is the estate responsible for this debt
Asked on 5/19/09, 4:41 pm
1 Answer from Attorneys
Donald Scher
Donald T. Scher & Associates, P.C.
Re: beneficiary deed
No, the new property owners received ownership subject to the mortgage and must pay the debt.
Answered on 5/19/09, 5:07 pm
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