Legal Question in Wills and Trusts in Texas

i need to know an estate question...my grandma has passed away and her estate is passed down to me..im the trustee....now, she has accrued 81,000 worth of debt through the state of oregon....im selling her house and a lot of the proceeds are paying her and my fathers debt who has also passed away....there wont be enough money from the proceeds to cover the debt accrued by the state of oregon.....are they able to come after my own self and monies if this debt isnt satisfied....


Asked on 6/27/11, 1:33 pm

1 Answer from Attorneys

Keith Engelke Law Office of S. Keith Engelke

The only way that the creditor could come after you is if you owed them money. For example if you guaranteed your grandmother's debt.

It is a good idea to retain an attorney to make sure that everything is done correctly so you don't do anything that would make you responsible for paying your grandmother's debts.

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Answered on 6/27/11, 9:23 pm


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