Legal Question in Wills and Trusts in Wisconsin

Re: credit card debt benificiary responsiblity

It would appear that the decedent's debt will become a debt of his estate when he dies, and his assets will become assets of his estate. There are planning methods to avoid this, but timing may be critical. There is also a concern regarding lack of consideration if the assets are transferred without adequate value coming back to the estate. This is a complicated issue and you should consider meeting with a competent attorney.