Life Insurance

Do life insurance benefits have to be used to pay the debts of the deceased parent?



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They are not responsible for credit card or other creditor debt unless they are joint account holders, nor are they responsible to pay medical bills unless they signed a written agreement to do so. Life insurance death benefits are not subject to creditor attachment or to probate procedure when there is a named beneficiary. The estate can pay the debts any way that the executor determines would be best. They just have to be paid.