Legal Question in Wills and Trusts in Missouri

My mother died and willed her house to all five of her children. She has a morgage on the home. What do we do?


Asked on 1/25/10, 3:54 pm

1 Answer from Attorneys
Richard Herndon Richard J. Herndon, Attorney at Law

You will need to open a probate estate and deal with the mortgage during the administration of the estate. The easiest way to deal with it is to sell the house and payoff the mortgage. If for some reason you wish to keep the house in all five chidren's names you should contact the lender to see what can be worked out. Your attorney will assist you with this.

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Answered on 1/30/10, 4:07 pm


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