Legal Question in Real Estate Law in Massachusetts

Can I take out a loan if I have if house is in my name and parent is trustee?? I would like to take out a loan to help pay some outstanding bills and have some security in the bank...just recently lost job and it would help my family!!!


Asked on 9/21/11, 2:27 pm

1 Answer from Attorneys

Christopher Vaughn-Martel Charles River Law Partners, LLC

I am not entirely clear on how the property can be titled in your name and also be titled in the name of a trust, with your parent as trustee. If you are interested in refinancing, I would be more than happy to connect you with an excellent real estate colleague. Feel free to call me at 617-357-4898.

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Answered on 9/21/11, 6:26 pm


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