Wednesday, 21 January 2015

Am I responsible for my parents debt if they pass way with no assests? They left me a house with no value and many bills.

Question

Am I responsible for my parents debt if they pass way with no assests? They left me a house with no value and many bills.



Answer

No, you are not responsible for the debts. If you are the administrator of the estate, you should contact a tax and estate attorney to help you sort through this.

I hope this helps

Ron Cappuccio

www.SaveYourEstate.com



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