QUESTION
conflict of home ownership between trust and will
Asked on Sep 14th, 2019 on Wills and Probate - Massachusetts
More details to this question:
I am the trustee of an irrevocable trust which owns a property. My brother is the executor of the will which grants him the same property less $75,000 of equity which goes to me. It is my understanding that the house cannot be sold without my permission. Can he refinance and take maximum equity without my permission?
1 ANSWER
2 Awards
As trustee you, not your brother, would have to sign the contract to refinance.
Answered on Sep 15th, 2019 at 5:48 AM
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