My mother (I am her son) has gift deeded her property to me. She remarried a man 8 years ago who is really (Dumb) as in (dumb and dumber). He will remain in the home after we take possession as my mother wanted (to provide a roof over his head). That is OK with us. My question is: after I file the gift deed with the Co. Clerk, what do I have to do as far as notifying the mortgage co? Do I have to notify them? Can I continue to make the monthly payments per the original contact without notification? We get along fine with her second husband, but his is not smart enough to handle the paperwork. I have the power of attorney in the will. What do you suggest I do?

Actually the mortgage may become due and payable the day she deeds this over to you. Most mortages have a clause in them in case the ownership is sold or gave away. The reason, if the mortgage is not paid and they have to foreclose, they have to foreclose on the owner, So you would need to get a new mortgage in your name,