answersLogoWhite

0

In most cases the debts of the deceased are the responsibility of the estate. So indirectly, you will be paying off the debts before you can inherit anything. Anyone that was also a co-signer on any of the agreements might also be responsible. Consult a probate attorney in your jurisdiction for help.

User Avatar

Wiki User

15y ago

What else can I help you with?

Related Questions

Is a widow responsible for her husband's debt?

The husband's estate is responsible. If she was a co-signer or beneficiary of the debt, she will have some responsibility.


Is the wife responsible for deceased husband's business credit card debt in the state of Florida?

In Florida, whether a wife is responsible for her deceased husband's business credit card debt generally depends on how the debt was incurred and the nature of the account. If the credit card was solely in the husband's name and used exclusively for business purposes, the estate may be responsible for the debt, not the wife personally. However, if the wife was a co-signer or if the debt was incurred for joint expenses, she could be held liable. It's advisable to consult a legal professional for specific circumstances.


Is a surviving parent responsible for deceased adult child's debt?

ONLY if the Parent Co-Signed for the Debt. Otherwise NO.


Are children responsible for deceased fathers debt in California?

Not unless they co-signed for the loans or credit cards. The estate is responsible for the debts.


If your husband wants to voluntarily repo his truck will you be responsible for any of the debt if you did not co-sign?

NO.


Who is responsible for debt of deceased 21 year old person?

The estate would be responsible for any individual debts. The co-signer would be responsible for any debts that were guaranteed by a co-signer.


Is an additional card holder only responsible for card debt of a deceased person?

no not responsible, only if you are a co-signer/joint account holder


Are adult children responsible for deceased parents debt in Minnesota?

Not unless they co-signed for the debt. The estate is responsible for any remaining debts. If there is not enough in the estate to cover them, someone will not get paid.


Are you responsible for a debt your husband incured from co signing someone?

Yes, you can be held responsible for it. The spouse is considered to have benefited from the agreement.


Would a parent be responsible for credit card debt of their deceased adult child?

Generally no, unless they were a co-signer on the account.


In Oregon is a wife responsible for her husband's credit card debt if she is not a co-signer or authorized user of the credit card?

No.


What can you do if you and your husband co-signed for a car and you're now divorced and he was responsible for debt but didn't pay and the car was repossessed and sold and now he's threatening to sue?

If the responsibility for the debt belonging to your husband was a part of your documented divorce paperwork, you can basically tell your ex-husband he doesn't have a leg to stand on. If you don't have anything in writing that says your ex-husband, and NOT you, was responsible for the debt, you may be partly responsible financially.