Do I need to make the mortgage payments of a deceased person while their estate is being settled?
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Do I need to make the mortgage payments of a deceased person while their estate is being settled?
Asked on June 26, 2014 under Estate Planning, Pennsylvania
Answers:
M.T.G., Member, New York Bar / FreeAdvice Contributing Attorney
Answered 9 years ago | Contributor
I am so sorry for your loss. I am assuming that you are the Executor or the Administrator of the estate, correct? Then you are considered the fiduciary of the estate and yes, the fiduciary has the obligation to make payments from the estate to preserve assets. Good luck.
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