Legal Question in Wills and Trusts in Illinois

If my father owes on credit cards and car loan who is responceable if the estate has limited money


Asked on 8/10/10, 10:26 am

1 Answer from Attorneys

Adam S. Tracy Securities Compliance Group Ltd

Thank you for your question. The estate is responsible. Technically, you cannot take certain property of the estate until the debts are paid in full. Let me know if you have further questions: [email protected]

Read more
Answered on 8/15/10, 11:55 am


Related Questions & Answers

More Probate, Trusts, Wills & Estates questions and answers in Illinois