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Estate News --- Observations of a Trust and Probate Attorney

Tuesday, September 13, 2016

What Happens to Debt When Someone Dies?


What Happens to Debt When Someone Dies in San Bernardino?

Will and estate lawyers in San Bernardino County becoming intimately aware of their clients’ financial situations, and it’s just a fact of life that many people have considerable debt.  Whether it is the person setting up an estate plan or one who has inherited from it, there are often questions regarding what happens to that debt.  Does money come out of the estate for medical bills?  Are adult children responsible for credit cards?  What happens to the mortgage?

As with so many aspects of law, the answers are somewhat complex, but here’s a basic look at what you and your Ontario will and estate lawyer might expect to see:

·2016

December
November
October
September
August
July
January
2015
2013
2010
2009


Brock, Robinson & Associates assists clients with Estate Planning, Wills, Trusts, Special Needs Planning, Pet Trusts, Probate & Estate Administration, and Family Business Preservation in Chino, California as well as Chino Hills, Inland Empire, Pomona, Rancho Cucamonga, Ontario, Montclair, Diamond Bar, West Covina, Covina, Glendora, San Dimas, La Verne, Claremont Fontana, Riverside, Colton, Corona, San Bernardino, Redlands, Orange, Brea, Yorba Linda, Fullerton, Hacienda Heights, Eastvale, Norco, Mira Loma, Alta Loma, Upland, Rialto, Highland, Loma Linda and Grand Terrace in San Bernardino County, Los Angeles County and Orange County.



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