Legal Question in Credit and Debt Law in California
My Father-in -law just passed away .
Who is responsible for all his debts.?
Asked on 4/26/10, 8:56 pm
1 Answer from Attorneys
Carl Starrett
Law Offices of Carl H. Starrett II
If your father-in-law was married, his wife might have been a cosigner on some of his debts as would any other cosigner. If his beneficiaries receive distributions form his estate before creditors are paid, there is the possibility that creditors could hold them liable to the extent that they received said assets. You should see a probate/estate planning attorney for further information.
Answered on 5/03/10, 11:15 am