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Who Pays My Debts When I Die?

Who Pays My Debts When I Die?

When a person dies, children or heirs often wonder if they become responsible for their parent’s debts. Generally speaking, the answer is no. The decedent is responsible for all of their debts. The personal representative pays all final debts of the decedent with money that is in the estate. Some amount of money are protected and exempted from the payment