Legal Question in Wills and Trusts in Michigan
Is an Executor of a Will responsible for outstanding bills after a person's deat
My sister is the executor of our other sister's will. The sister who has the will is also a widow, with two dependent children. She is also very ill and has amassed a great deal of outstanding credit debt. My sister (the executrix of the will) would like to know if she will be responsible for that debt...or will the estate. We feel that the house and any other assets will be sold to pay off the bills,but then what,,, does the state have any recourse against the sister who is the executor, or is her role strictly administrative...Thank you.
1 Answer from Attorneys
Re: Is an Executor of a Will responsible for outstanding bills after a person's
When a person dies and are unable to pay their debts, their estate is liable. A creditor can initiate the commencement of a probate estate if after a certian period of time one is not started. Further, when an estate is started the personal rep must notify creditors so that creditors can file a claim. if the estate has some $$$$ bit not enough to pay all creditors then each will receive a pro-rata share.
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