Question: My parents and sister bought a house together in January 2024 with the intent to live in it together. My parents own 2/3 of the property and my sister 1/3. My parents’ 2/3 of the [...]

Question: My mother’s house burned down and she and my brother mismanaged the insurance money, so it wasn’t rebuilt. My fiancee and I would like to rebuild it. We’ve talked with [...]

Question: Would a bank grant a refinancing or line of credit to the mortgage of a house held in a nominee realty trust? There are two people named on the schedule of beneficiaries. Response: [...]

Question: Five years ago my dad bought a house for me, though it was titled in his name. He put the down payment down and I have made all the mortgage, tax, and all payments for the house. I was [...]

Question: Can Irrevocable Trust Borrow Money on Real Estate? Can I borrow money on our house if it is in an irrevocable trust? Response: It could be difficult. The trust itself may or may not [...]

Question: Can the Grantor Get a Mortgage on House in an Irrevocable Trust? Can you get a mortgage if you are the grantor of a home in an irrevocable trust and your trustee approves of it? [...]

Question: My minor child has inherited two properties along a with 15% inheritance tax that I can’t afford. I am the executor of the estate that she is inheriting. I don’t really want [...]

Question: My parents have an irrevocable trust that holds most of their assets, including their house. They are purchasing a new home but since they do not have enough money, they will have to [...]

Question: I have a mortgage on my house and also I have put it in a revocable trust with me as trustee. Can I get a small equity loan on the home to pay off credit cards? I have a big equity in [...]

Question: My friend wishes to leave me her mobile home but wants to make sure her stepchildren get some money. The value of the home is $800,000, and she wants me to have it in a way that she [...]