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Tax, SDIRAs & Cost Segregation

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Jose Jimenez
  • Real Estate Investor
  • Bronx, NY
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How to protect your cosigner in case of death

Jose Jimenez
  • Real Estate Investor
  • Bronx, NY
Posted Nov 13 2017, 20:07

Is the easiest way to protect a cosigner in case of your death a life insurance policy? Has anyone done this in the past? 

My sister is likely going to be co signing a 30y loan cash out refi for me and in the event I have some sort of accident and am no longer around, I don't want her on the hook for a mortgage on a property in which she is not on the deed. Any suggestions or pointing me in the proper direction would be greatly appreciated. 

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