Related Articles

More

Related Categories

More

Recently Added

More

Alabama Reverse Mortgages

Justin Said:

My live in companion recently passed and my name wasn't on anything. What are my rights?

We Answered:

Vehicle bequest is invalid unless you were on the title. Otherwise it's an asset of the estate, and the executor has to decide what has to be paid.

How can you stay in a house that someone else owns. Reverse mortgage generally means house reverts to the bank and is sold on death unless the heirs want it. How did you think it would work?

Yes...and yes. A good lawyer might be able to get the estate to settle on the vehicle if the payoff is small enought.

I can't believe you'll win on the house unless they decide to pay off the reverse mortgage and keep it.

Discuss It!