Legal Question in Wills and Trusts in California
dad death
My dad is dying from cancer and currently has a car loan, the loan has about 3-4 years left. What happens to the car loan? does the estate continue to pay the monthly payment? can the car loan be transfered to another person? and will the executor be responsible for any taxes, and/or fees?
1 Answer from Attorneys
Re: dad death
I'm so sorry to hear about your dad. If he is still aware of the nature of his property and the natural objects of his bounty (competent for purposes of making a will) you should assist him in setting up a living trust etc. so as to avoid probate. You can learn a lot fast by reading my book, about 85 pages in simple English, on the subject. You can find it and download it from one of my websites, www.yourlivinglegacy.info. You may well be able to take care of everything without a lawyer. Check it out.
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