Legal Question in Credit and Debt Law in Nevada
Debts upon death
If I leave a will or living trust giving a son power of attorney, will that make him liable for my outstanding debts (credit cards, etc.)upon my death? I am a widower and live alone. What happens to those debts if I don't leave a will?
Asked on 5/18/08, 1:07 pm
1 Answer from Attorneys
Jeffrey Cogan
Jeffrey A. Cogan, Esq., Ltd.
Re: Debts upon death
Your estate will be responsible for any debts subject to the amount of the value of your estate. Your son's power of attorney expires on your death.
If you have any further questions, please email.
Answered on 5/19/08, 5:07 pm