California | Wills and Trusts
8/04/09, 7:34 am
Legal Question
My ex-husband paid off his $200,000.00 condo and took a $140,000.00 loan on it. Payments $1,100.00 per month to the bank. He died suddenly. Daughter (next of kin) inherits condo. Does she pay the $140,000.00 off? How does this work? Does she pay the bank $1,100.00 a month and transfer the condo to her?(no will to be found)
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Read More Answered By: Larry L. Doan |
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