R
rebelmal
Guest
What is the name of your state? Texas
I am executrix of my dad's estate. My mom passed away almost a year ago and she had $50,000 in credit card debt. Dad told all creditors that he was not responsible for her debt because it was "special community debt", per his lawyer. Mom got these cards when she had a small business. He also never probated mom's will, which was exactly like his.
Dad passed away in June and I have taken care of his debt, that was about $16,000. We are going to receive his life insurance -that was left to the estate- since mom had died....who was the primary beneficiary. Am I liable for mom's debt out of the money dad left us from his life insurance? There is a house left that I am trying to sell at this time. Dad owed $80,00 on it and I hope we will make about $30,000 on it.
Please advise!
rebelmal
I am executrix of my dad's estate. My mom passed away almost a year ago and she had $50,000 in credit card debt. Dad told all creditors that he was not responsible for her debt because it was "special community debt", per his lawyer. Mom got these cards when she had a small business. He also never probated mom's will, which was exactly like his.
Dad passed away in June and I have taken care of his debt, that was about $16,000. We are going to receive his life insurance -that was left to the estate- since mom had died....who was the primary beneficiary. Am I liable for mom's debt out of the money dad left us from his life insurance? There is a house left that I am trying to sell at this time. Dad owed $80,00 on it and I hope we will make about $30,000 on it.
Please advise!
rebelmal