Posted on: 04th Jun, 2013 01:26 am
If I am the only one on the mortgage and don’t have a will… In such situation, if I die leaving behind my heir and spouse, will the property go through probate? What will happen to the mortgage?
Hi Shai,
I agree with what Niicss has said. Normally, if you leave behind a will, then it needs to be probated after death.
Thanks
I agree with what Niicss has said. Normally, if you leave behind a will, then it needs to be probated after death.
Thanks
Why don't you include your spouse's name in the mortgage? This will make the process of inheritance a lot easier after any one of you die.
The above post has been answered by Arthur Adams.