Legal Question in Wills and Trusts in Florida
Financial obligation of children for deceased parent
Are the children of majority age personally responsible for paying the debts (credit card, installment loans, etc.) of a deceased parent if the debts are in the deceased's name only, and there is a Living Trust and Will, and not enough money in the estate to pay them?
Asked on 4/25/02, 8:15 pm
2 Answers from Attorneys
Greg Snell
Rice Rose & Snell
Re: Financial obligation of children for deceased parent
The children are not responsible.
Answered on 4/26/02, 12:34 pm
Sanford Martin
Martin Law Office
Re: Financial obligation of children for deceased parent
No. Depending on the facts, even a spouse may not be liable for debts of the deceased. Regarding specific options and procedures, you are advised to consult with a probate attorney.
Answered on 4/26/02, 6:07 pm
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