Legal Question in Wills and Trusts in Wisconsin
Deceased accumulated depts
Is there a law on the Wisconsin books that states that the children of the deceased parent are responsible for debts incurred by the deceased parent?
Asked on 1/26/02, 10:46 am
1 Answer from Attorneys
Thomas Schober
Schober Schober & Mitchell, S.C.
Re: Deceased accumulated depts
Children have no obligations for a parent's debts
in Wisconsin. However, the assets of the decedent,
called the "estate" of the decedent, are subject
to creditors' claims.
Answered on 1/28/02, 9:14 am