[WSBAPT] probate question - single spouse on mortgage

[Sharon Rutberg]

Hello, Listmates -

 

Anybody out there this holiday weekend?  

 

Married couple owns a home as "husband and wife" on the deed, but mortgage
is in wife's name alone (she had the better credit).  They want to know
whether, if she dies, he can "just keep making payments" on the existing
mortgage. That sounds doubtful to me, and I'd like to understand what will
happen. If she dies, will notice have to go to the mortgage company as her
creditor? Will the husband (as PR) have to pay off the mortgage using estate
funds, or could he refinance it in his own name? 

 

Thanks very much for your thoughts, and happy holiday. 

 

Best,

Sharon

 

Sharon C. Rutberg

Attorney at Law

1718 NW 56th Street, Suite 304

Seattle, WA 98107

Website: www.sharonrutberglaw.com 

206-409-2604

email at sharonrutberglaw.com

Washington State Bar #47055
D.C. Bar #420576

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