Legal Question in Wills and Trusts in Louisiana

Louisiana / Wills and Trust - My father predeceased my mother. There is not a will or a succession for either parents. I have 3 siblings, two of which live in the family home. Creditors (from credit card debt) are calling looking for payment. Are we required to pay the credit card debt?


Asked on 8/09/12, 2:51 pm

1 Answer from Attorneys
James Maguire James G. Maguire, Attorney At Law

Yes. You and your siblings inherit your parents' assets, but also their debts.

Ask the credit card people if there was credit life insurance on the cards. If so, that should pay them off.

Read more
Answered on 8/09/12, 3:07 pm


Related Questions & Answers

More Probate, Trusts, Wills & Estates questions and answers in Louisiana