Legal Question in Wills and Trusts in Minnesota
Is Executor of Will responsible for debt?
I have been named tne executor of my father's will. He does not have any assets to speak of and a lot of debt. At the time of death, am I responsible for this debt? His house was forclosed on and there is a remaining balance of $50K, plus credit card debt and alimony to his ex-wife. Can his creditors come after me for this debt, and if so how am I suppose to pay for it on a limited income?
1 Answer from Attorneys
Re: Is Executor of Will responsible for debt?
You are only responsible if you are appointed by the probate court and accept that appointment.
If there are no assets to probate, then don't probate. Do not get yourself appointed. There is no reason to.
And those creditors can whistle Dixie. If there are no assets for an estate, the creditors get nothing. Too bad.
This response is for general information purposes only and does not create an attorney-client relationship. You are advised to consult the attorney of your choice concerning the details of your case.
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