Legal Question in Wills and Trusts in California

How do I setting an insolvent estate with creditors? My mom passed away recently. Her house is in a trust and is currently being foreclosed upon. She has substantial credit card debt that exceeds the value of the house (minus mortgages). How do I communicate to her creditors and the IRS that her estate is insolvent?


Asked on 8/14/10, 9:06 pm

1 Answer from Attorneys
James Bame San Diego Law Office

I am sorry to hear of your loss. This office has often had the unfortunate task of doing such. Were all of her assets in the trust or a pour over will? The debts do not survive the decedent, Contact me directly.

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Answered on 8/20/10, 4:13 pm


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