Legal Question in Real Estate Law in Pennsylvania
Tax Debt following death of parent
My mother died in November and left her estate with no will or administrator. In order to sell her property (trailer in a retirement community-she owns house but not land) someone has to become administrator. She left income tax debt, credit card debt and property tax debt. If I become administrator to sell the property can I be held responsible for that debt? Does Income tax debt get taken out of the proceeds of the sale of the home?
1 Answer from Attorneys
Re: Tax Debt following death of parent
NO! The Estate is responsible not the administrator. If the estate is insolvent, that is has more debt than assets the creditors are out of luck.
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{John}