Legal Question in Wills and Trusts in Illinois
If a parent dies are the adult children responsible for the parents debt?
Asked on 9/01/10, 7:43 pm
2 Answers from Attorneys
Gregory Turza
Law Offices of Gregory P Turza
No. If they are appointed executor or trustee then they may have a fiduciary duty to pay, but from the decedent's assets, not their own.
Answered on 9/06/10, 9:13 pm
Elfreda Dockery
Law Office of Elfreda Dockery
no, unless the child has agreed to be responsible for the debts by either being a co-signer or agreeing after the death of the parent. to discuss further, please call at 312-372-5600.
Answered on 9/10/10, 8:03 am
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