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There will be no probate no assets held in their names. I had a similar situation when my dad died, he had a line of credit on a building, we stopped paying and they didn't try to foreclose they...

My parents had an line of credit on 2 homes. This was done in 2001. In 2206 we transferred all property into a trust with my mom/dad as trustees. My dad dies in 2006 and my mom in December of 2010....