Legal Question in Wills and Trusts in Ohio
debts of deceased
Does all the debts of a deceased person have to paid, (including the mortgage on property) before the estate is released from probate?
Asked on 2/23/03, 7:56 pm
1 Answer from Attorneys
Frank Rozanc
Frank J. Rozanc, Esq.
Re: debts of deceased
In a word, yes, assuming there are sufficient assets in the estate to pay off all of the debt. The executor, if granted the power by thw will, may sell whatever estate property in needed to pay off those debts.
Answered on 2/23/03, 10:36 pm