Legal Question in Credit and Debt Law in Illinois

If I name a pay on death beneficiary to my savings and checking accounts, will that person be responsible for any debts I behind (credit card, car loan, medical bills i.e.)?

I live in Illinois.


Asked on 1/16/14, 5:12 pm

1 Answer from Attorneys
Michael R. Nack Michael R. Nack, Attorney at Law

No.

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Answered on 1/16/14, 6:23 pm


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