Legal Question in Credit and Debt Law in Iowa

If your parent(s) die do you, as their child, take on their debt? If so is it all their debt or specific things?I'm unsure of how it works, it seems rather unfair that a person could go into debt after dealing with the loss of a loved one because of the loved ones debt & I'm trying to get a better understanding of it.


Asked on 1/29/10, 1:42 pm

1 Answer from Attorneys
Robert Luedeman solo practitioner

The answer to that question is that the child is not responsible. The estate of the parents is, however, responsible for the debt.

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Answered on 2/03/10, 6:44 pm


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