Legal Question in Wills and Trusts in New Jersey

Am I responsible for my parents debt if they pass way with no assests? They left me a house with no value and many bills.


Asked on 11/16/12, 6:30 pm

1 Answer from Attorneys
Ronald Cappuccio Ronald J. Cappuccio, J.D., LL.M.(Tax)

No, you are not responsible for the debts. If you are the administrator of the estate, you should contact a tax and estate attorney to help you sort through this.

I hope this helps

Ron Cappuccio

www.SaveYourEstate.com

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Answered on 11/16/12, 6:41 pm


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