Legal Question in Wills and Trusts in Virginia
When administering a descendant's personal estate and they have debts in the form of back taxes and judgments issued by the court of record. How can these obligations be discharged if the estate is insolvent and doesn't have sufficient assets
to pay its debts? (Civil/Virginia)
Asked on 7/26/14, 3:49 pm
1 Answer from Attorneys
Paul B. Ward
Law Offices of Paul B. Ward
They can't; the creditors lose.
Answered on 7/28/14, 7:19 am