QUESTION
what does it mean in a trust " to be responsible for maintenance"
Asked on Mar 16th, 2021 on Estate Planning - Florida
More details to this question:
I have a life estate in the home I am living in. The trust states that I am responsible for all taxes, insurance and maintenance. The house needs a new roof which is going to cost approximately $14.000. Am I required to pay for this new roof?
1 ANSWER
2 Awards
Is it maintenance or repair?
Answered on Mar 17th, 2021 at 11:52 AM
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