T
tg2001
Guest
My father just passed away. I have power of attorney for him. Prior to his passing, his home was put into my name as well as "non-resident co-owner." (It was a community for 55+ years citizens). He passed away and the community's standard procedure is that, upon one resident passing, the co-owner assumes full ownership. I now own 100% of the property and it is being sold. My question is... can outstanding creditors come in and take all of this or part or none? He had some credit card debt. However, 1/2 of the house was in my name, then all of it. Also... can creditors come after a life insurance policy? All of dad's assets were the policy and house and under $100,000.