Legal Question in Real Estate Law in Pennsylvania

Dear Inquireer: There are several ways to accomplish this. The most efficient way I can think of is to contact, and retain an experienced Attorney in your immediate city. He or she will probably erecommend an action to quiet title - a simple method, requirng some legal action in the Probate Court where the property is located. That completed, you may wish to protect your property and estate:

Good luck.

LEGALLY SPEAKING�... WILLS NOT SUFFICIENT.

By: J. NORMAN STARK, ATTORNEY, ARCHITECT EMERITUS (OH) A.I.A., N.C.A.R.B.

Wills do not provide tax benefits. A Last Will and Testament is legally insufficient to protect assets; Living Trusts do so! It is a common misconception to rely upon a Will to protect and transfer estate assets, without taxes, costs, and time.

Under the Probate laws of each state, upon the death of a Testator (maker) of a Will, the Probate Court acquires legal jurisdiction to administer the disposition of estate assets. The probate laws require preparation of formal court filings of the Will within a specific time period after death, appointment of Executor, attendance at hearings, defend challenges to the Will, creditor claims, and to prepare and pay the taxes and costs, frequently in excess of 10% of the estate value. Transfers of title to real property ("real estate") to heirs or beneficiaries may be delayed for more than a year or longer.

Modern estate planning provides a valuable legal solution - the Living Trust, as an effective, efficient, and desirable alternative to a will. Living Trusts can protect estate assets, provide for efficient and trouble-free transfer of property and estate control by Successor Trustee(s), with significant protection for surviving spouses, heirs, minor children, and designated beneficiaries of the decedent. The benefits of a properly prepared trust include:

� Avoid probate upon incapacity, disability, or death.

� Avoid probate administration, required with Wills.

� Avoid probate Will contest litigation, taxation, time, and expense.

� Avoid lengthy delay in distribution of assets, and inheritances to loved ones.

� Avoid inequities from transfer-on-death accounts.

� Protect spouse, children, family and other descendents.

� Provide for issues with second and subsequent marriages; protection for children.

� Individualized planning for children.

� Plan federal and state estate tax minimization.

Comedian W.C. Fields quipped about Lawyers: "If there's a will, prosperity can't be far behind."

Your Attorney can advise and assist you in creating and funding your Revocable Living Trust.

"WHERE EXPERIENCE COUNTS, COUNT ON MY EXPERIENCE"

J. NORMAN STARK, ATTORNEY

ARCHITECT EMERITUS (Ohio) A.I.A., N.C.A.R.B.

1109 Carnegie Avenue Cleveland, Ohio 44115

(216) 531-5310 x7100 Email: [email protected]

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Depending on where you are you could see if there is a satisfaction for the property on file then the mortgage is gone already. If it's not online you might just call or visit the recorder of deeds and see what they can tell you. If not you can go down to the recorder of deeds and see if a satisfaction was filed for the mortgage. Most mortgages don't have repayment terms over 30 years. So it's probably been paid for years. If nothing is on file you'll have to talk to the entity that holds the mortgage or their successors.

Or call me Monday and we'll see what's involved.

{John}