Legal Question in Wills and Trusts in Illinois
If my father owes on credit cards and car loan who is responceable if the estate has limited money
Asked on 8/10/10, 10:26 am
1 Answer from Attorneys
Adam S. Tracy
Securities Compliance Group Ltd
Thank you for your question. The estate is responsible. Technically, you cannot take certain property of the estate until the debts are paid in full. Let me know if you have further questions: [email protected]
Answered on 8/15/10, 11:55 am