Legal Question in Wills and Trusts in Florida

Equity loan paid by non-beneficiary

My mother (grandmother) died 11/10/02. Her house was the only asset she left, to be divided four ways. I understand we divide four ways the expenses related to the house and the net profit from the house when it sells.

My husband (not a beneficiary) paid all loan payments on a debt (equity loan) left by her. Is he entitled to be reimbursed by the estate the total amount he paid when the house sells?

Closing on sale of house is 2/22/05.

Thanks.


Asked on 2/17/05, 10:49 pm

1 Answer from Attorneys
Frederick Graves Jurisdictionary

Re: Equity loan paid by non-beneficiary

If you are in Florida, I'd advise the husband to file a CLAIM against the estate for the money advanced. Also, if you are in Florida, the house may have been your mother's "homestead" in which case her estate is not liable for her debts, and you should not pay her debts ... except to make certain no liens attach to the house, such as for a roofer or repairman who might obtain a mechanic's lien. To learn more, go to:

http://www.jurisdictionary.com

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Answered on 2/18/05, 8:54 am


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