Legal Question in Wills and Trusts in Connecticut
I am the executor and beneficiary of an insolvent estate from my father. I want to retain the house however it is amid foreclosure. Owed is 301k and the value is 303k. I have the sufficient income myself to make the payments so how do I keep the house which is also my residence. As I cant make payments because it will create equity in the estate thus becoming not insolvent.
Asked on 4/16/12, 5:04 am
1 Answer from Attorneys
John Heffernan
Heffernan Legal Group, LLP
Buy the house from the estate and get your own mortgage.
Answered on 4/16/12, 7:35 am
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