Property Mortgage Dispute Resolution

Summary

A trustee generally must act in the best interest of all beneficiaries and cannot make unilateral decisions that impair their interests. Mortgaging the entire property typically requires consent from all beneficiaries. It may be possible to mortgage only the 20 acres owned individually, depending on the propertys legal structure. Consulting a local attorney can provide personalized advice and help explore legal options for resolving disputes among beneficiaries.

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Is it for free the advice?
Yes, the initial advice provided here is free. However, if you choose to connect with a local lawyer for more detailed assistance, there may be a fee for their services. Would you like to proceed with connecting to a local lawyer?
Sure thank you.
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