Legal Question in Wills and Trusts in Texas
Is Inheritance Considered Part of the Estate After Death?
My father recently passed away leaving a couple credit cards not paid off yet. Someone told me the creditors can come after my fathers estate to get the money they are owed. Is my inheritance considered part of the estate? And am I required to use my inheritance to pay off my fathers credit card bills?
Asked on 7/12/03, 1:24 pm
2 Answers from Attorneys
Cheryl Rivera Smith
The Smith Law Firm
Re: Is Inheritance Considered Part of the Estate After Death?
Yes and yes. However, you may want to check and see if he purchased credit life on those cards that would pay them off in the event of his death.
Answered on 7/12/03, 6:52 pm
Peter Bradie
Bradie, Bradie & Bradie
Re: Is Inheritance Considered Part of the Estate After Death?
Yes to both. Your "inheritance" is what's left of your father's estate after the bills are paid.
Answered on 7/14/03, 10:01 am
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