Legal Question in Wills and Trusts in Florida

Re: loan/mortgage held by decressed w/ funding accounts at same bank

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The personal representative is charged with the responsibility with handling the affairs of the decedent. Debts of the estate are supposed to be paid from any assets. If there not enough liquie assets to pay the obligations, some other assets might have to be sold so that there will be. If there are no assets, then the debt will go unpaid. The personal representative is never personally responsible for the debts of the decedent, however.

Scott R. Jay, Esq.