Legal Question in Wills and Trusts in Nevada

Natural Gas Rights & deceased debts

If a woman living in Texas and is collecting monthly checks from natural gas property she owns in Louisiana (underground only-not land) passes away and leaves the underground rights to her 2 adult children in her will, are the children obligated to pay all of the deceased mothers credit card depts?


Asked on 5/22/08, 4:15 pm

2 Answers from Attorneys
Jeffrey Cogan Jeffrey A. Cogan, Esq., Ltd.

Re: Natural Gas Rights & deceased debts

The money would come out of the probate, if her estate is probated. Nevada has a three year statute of limitations to collect on a debt after a person died. I don't know what it is in Texas.

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Answered on 5/26/08, 3:22 pm
Jeffrey Cogan Jeffrey A. Cogan, Esq., Ltd.

Re: Natural Gas Rights & deceased debts

The money would come out of the probate, if her estate is probated. Nevada has a three year statute of limitations to collect on a debt after a person died. I don't know what it is in Texas.

Read more
Answered on 5/26/08, 3:22 pm


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