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