tag:blogger.com,1999:blog-9198217906327726723.post1535669220181357076..comments2011-09-16T13:11:55.119-05:00Naheed Amdanihttp://www.blogger.com/profile/14795201203580900187noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-9198217906327726723.post-5815163635159805232011-09-16T13:11:55.119-05:002011-09-16T13:11:55.119-05:00Usually, the heirs continue to make the mortgage payments until they sell the home. If you are transferring title into the name of a trust or other entity, you could also try to refinance.Naheed Amdanihttp://www.blogger.com/profile/14795201203580900187noreply@blogger.comtag:blogger.com,1999:blog-9198217906327726723.post-60445852699969572952011-09-15T21:30:51.825-05:002011-09-15T21:30:51.825-05:00My mother has a trust that the house goes to when she passes and she also has some life insurance policies that will be used to pay off as much of the house as possible but if their is still money owed to the bank how is that handled usually do you continue making mortgage payments or do you have to pay it off in full after her death. The only other way I could think of is if you remortgage what is still owed on the house in the trustees namesAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-9198217906327726723.post-39178795033804421252008-08-01T14:53:00.000-05:002008-08-01T14:53:00.000-05:00I would be happy to do your estate plan. Give me a call when you have time and let's talk about it. I don't understand why your boss' father had to buy back his wife's share of the house? Did they own it as tenants in common?Naheed Amdanihttp://www.blogger.com/profile/14795201203580900187noreply@blogger.comtag:blogger.com,1999:blog-9198217906327726723.post-47979761429542743852008-08-01T14:43:00.001-05:002008-08-01T14:43:00.001-05:00Naheed - Can you create an estate plan? If not, who do you recommend. <BR/><BR/>In a real like story, my boss told me that her mother died at an early age and her father was upset when he had to buy back 1/2 of the house from her. This was in Ohio.Brian Schoppehttp://www.blogger.com/profile/07420877875341945812noreply@blogger.comtag:blogger.com,1999:blog-9198217906327726723.post-26023052987194514342008-08-01T14:43:00.000-05:002008-08-01T14:43:00.000-05:00Naheed - Can you create an estate plan? If not, who do you recommend. <BR/><BR/>In a real like story, my boss told me that her mother died at an early age and her father was upset when he had to buy back 1/2 of the house from her. This was in Ohio.Brian Schoppehttp://www.blogger.com/profile/07420877875341945812noreply@blogger.com