Legal Question in Wills and Trusts in Missouri

my mother died yhe house i live in is in her name the loan is in both our names she left a trust to be split 50-50 with my sister if the bank goes to the trust to get the loan paid am i still responsible for half of the loan


Asked on 12/17/09, 2:11 am

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

This is an "it all depends". First, is the house in Mom's name, or the Trust name? Are you a guarantor on the loan, or primarily obligated? Is their a mortgage/deed of trust on the house? What does the Trust say about payment of debts, secured or otherwise? Who gets the house, and by what instrument?

Unfortunately we can't help much without knowing that information. When you get it you may contact us at [email protected]

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Answered on 12/22/09, 8:05 am


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