Legal Question in Wills and Trusts in Pennsylvania

Estates

As executor of my mother's will, is it possible to borrow against the property to pay off her debts to the IRS and other debts. The property can be used as a rental to pay off the loan if allowed. Would I take out the loan, or the estate?


Asked on 3/25/09, 9:32 am

1 Answer from Attorneys

Michael Berman Law Offices of Michael A. Berman

Re: Estates

It sounds feasible, but I'd need more information about you and the property to properly advise.

Feel free to write back to [email protected] and I'll forward a questionairre to get the vital info.

Mike

Read more
Answered on 3/26/09, 12:33 am


Related Questions & Answers

More Probate, Trusts, Wills & Estates questions and answers in Pennsylvania