Legal Question in Wills and Trusts in Ohio

I own an auto and a mobile home, free and clear.However, I have major debt in credit cards. I am completing TOD ( transfer on demand) for my siblings, upon my passing... attached to the titles of both of the above. If my will is not probated, are my debts written off? If my will, IS probated, by named executor of estate, are they then responsible for my outstanding debts??


Asked on 10/14/15, 2:26 pm

1 Answer from Attorneys
Christine Socrates Meyers, Roman, Friedberg & Lewis

If you have credit card debt, which is unsecured debt, only your estate will be responsible for paying those debts, not your siblings. If there is no probate estate, meaning all your assets are transferred outside of probate, then there will be not assets to pay those debts.

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Answered on 10/15/15, 10:26 am


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