Legal Question in Wills and Trusts in Ohio
executor of estate
if you are the executor of the estate, and the person of the will is still alive, and money runs out from medical bills, is the executor responsible to pay the remaining bills out of their own pocket?
2 Answers from Attorneys
Re: executor of estate
The executor is not responsible for any unpaid bills of the estate. However, the executor also is not entitled to favor one creditor over another creditor. If the estate appears to be insolvent, the executor must ask the Probate Court to hold an insolvency hearing and determine which creditors are entitled to be paid and how much.
Re: executor of estate
One is an executor of an estate only upon the death of the decedent. The assets of the person should pay for his debts. It is not the responsibility of the "executor" or "guardian" to pay for the debts of the ward. If you have any further questions please feel free to email me at [email protected].
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