A will or a living trust is a must at this point to avoid probate court and unnecessary delays later. Your family should consult a trust attorney to set that up and also discuss the outcome of the mortgage due after mortgagor dies.
Best wishes to you and your husband,
Rodney Mason, NMLS #151088
Sr Loan Officer
825 Juniper St NE, Atlanta, GA 30308
Office: (404) 591-2453
Apply Online at http://www.rodneymason.com
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I'm sorry for your husbandâ€™s condition. A will is always the first step when a couple with assets gets married. If you don't have a will, the state will provide one for you. I don't know the law of Tennessee regarding community property, but it would be a good idea to find out and to look into a will for both of you.
Your husband may recover but something unexpected could happen to you. A will would protect you both and reflect your wishes.
If there is a mortgage and the payments continue, I doubt the lender will care. If the worst happens, you bring the death certificate to your lawyer and either go through probate or have the house transferred to you.