Legal Question in Wills and Trusts in California
Financial responability after fathers passing
My father passed away leaving quite a few credit card debts. He died in California. I live in Texas and was not a dependent on my father. There was no value in my father's estate. In finalizing his affairs am I responsable for paying off his debts? Again there is nothing to sell or accounts to use to pay the debts. What info do I need to provide his creditors? What steps do I need to take to protect my own assets?
2 Answers from Attorneys
Re: Financial responability after fathers passing
Only your fathers estate and assets is responsible for debts. Notify the creditors of his death along with a copy of the death certificate, and let them know there were no assets.
Re: Financial responability after fathers passing
Your father's estate is responsible for his debts. Let the creditors know that your father has died, you may want to send a copy of his death certificate, and that there are no assets in his estate.
You are not liable for any of his debts unless you co-signed for him.
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