Is the family responsible........

Discussion in 'Off-Topic Discussions' started by Abner, Mar 3, 2015.

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  1. Abner

    Abner Well-Known Member

    If someone passes away, does the family have to pay outstanding bills such as the mortgage, taxes, medical expenses, etc.?
     
  2. Ted Heiks

    Ted Heiks Moderator and Distinguished Senior Member Staff Member

    When someone dies, the creditors are first in line before the family can have any inheritance money.
     
  3. Kizmet

    Kizmet Moderator Staff Member

    I don't know . . . what about things like irrevocable trusts and all that sort of thing?
     
    Last edited by a moderator: Mar 4, 2015
  4. Abner

    Abner Well-Known Member

    Thanks for your comments

    bump!! the thread, thanks! :smile:
     
  5. JWC

    JWC New Member

    No, only the signatories are responsible to pay the debts. Wills, trusts, inheritances, etc., are another story.
     

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