This is a FInal Order in a case involving who is responsible for the payment of a mortgage when one inherits a home. The Georgia Supreme Court held that without specific directions in a will, the estate must pay off existing mortgages when a piece of real estate is devised by will.
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Published In: Wills, Trusts, & Estate Planning Updates
Reference Info:Decision | State, 11th Circuit, Georgia | United States
DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.
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