Legal Question in Wills and Trusts in Massachusetts

trusts

Can a trust be established while property is still mortgaged?


Asked on 8/14/02, 1:28 pm

1 Answer from Attorneys
henry lebensbaum Law Offices of Henry Lebensbaum (978-749-3606)

Re: trusts

Usually the establishment of a trust is in contravention to most mortgage agreements, allowing the mortgagor to call in the loan, since the terms have materially changed.

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Answered on 8/14/02, 10:09 pm


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