What to do after death: Legal advice


Questioner

my father recently passed away and left a house with a mortgage which has now been taken over by the bank because there was no more money in his account I already have a beneficiary deed. the house has not yet been sold, but can still be sold for the mortgage value or even for less what should I do then

Lawyer

The notary and bank concerned are required to handle the matter correctly, so you can best approach them for this. You have accepted beneficially, so that you will share in a surplus, but not in a negative balance.

Lawyer

If you can find a good buyer, it is worth the effort, because with a good yield you will still inherit something. With a yield that is too low, it will cost you nothing, but you will also inherit nothing. Beneficiary acceptance was the only sensible way. For the rest, you can ask to be kept regularly informed by Bank & notary.

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