Legal Question in Wills and Trusts in Illinois
next of kin's financial responsibilities to deceased parents creditors
My estranged father of 8 years recently passed away, I recieved a small sum of money from his pension and life insurance policies, as I am his closest next of kin. My question is whether or not I am now responsible for any debts outstanding he may have had. To my knowledge he didn't own any property other than a junky vehicle, which his brother now has use of. I know that many years back he had an IRS debt that may o may not have been taken care of. What steps should I take to find out what my legal responsibilities are regarding his finances?
1 Answer from Attorneys
Re: next of kin's financial responsibilities to deceased parents creditors
You are not required to take any action. You are not responsible for his debts and not responsible to take any action with regard to tax obligations or creditors, that he may have.
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