Legal Question in Credit and Debt Law in Michigan

Debt Responsibility event of death

Upon the death of my elderly parents will I or any of my siblings be held reslponsible for their outstanding debts?


Asked on 9/26/07, 11:29 am

1 Answer from Attorneys
Renee Walsh LawRefs Nonprofit

Re: Debt Responsibility event of death

Only in that the debts will be paid out of your parents' estate, which will reduce what you receive as a beneficiary. You cannot be held responsible for a contract which you did not enter.

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Answered on 9/26/07, 12:46 pm


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