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How to deal with the debts due to the death of the executor

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How to deal with the debts due to the death of the executor


        

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  • 2024-06-06 05:00:54

    If the executor dies, the debts may be paid off by his successor.

    The successor needs to pay off the debts of the decedent within the limit of the actual value of the estate, and the successor may voluntarily pay off the part exceeding the actual value of the estate, or may not pay off.

    [Legal Basis]

    Article 1159 of the Civil Code states that when dividing an estate, the decedent shall pay off the taxes and debts that should be paid according to law; However, the necessary inheritance should be reserved for heirs who lack the ability to work and have no source of income.

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    2024-06-06 05:00:54

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