Legal Question in Wills and Trusts in Oregon
debts
my mother passed away in oct. am i responsible for any outstanding bills she occurred when alive? do i have to pay them off?
Asked on 12/29/06, 10:19 am
1 Answer from Attorneys
Susan Burns
Law Office of Susan Ford Burns
Re: debts
You are only responsible to pay your deceased mother's debts to the extent that you received money or property from her.
For example, you inherit a bank account worth $5,000 and she owes debts of $2,000. You must pay her creditor the $2,000. But, if you receive a bank account worth $2,000 and she has debts of $5,000, you still only have to pay the $2,000.
Answered on 12/29/06, 12:51 pm
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