Cryptocurrency Q&A
What happens when a deceased person owes money?
What happens when a deceased person owes money?
Lorenzo
Tue Dec 03 2024
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5 answers
1080
I want to know what happens if someone who has passed away still owes money. Who is responsible for the debt? Does the debt get passed on to their family or estate?
5 answers
SeoulSoul
Thu Dec 05 2024
In cases where no will is present, the court has the authority to appoint someone to handle these matters.
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BonsaiVitality
Thu Dec 05 2024
The executor plays a crucial role in the process of settling a deceased person's affairs.
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Valentina
Thu Dec 05 2024
This person may be referred to as an administrator, personal representative, or universal successor.
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Valentina
Thu Dec 05 2024
This individual is named in the will and is tasked with carrying out the instructions outlined in the document.
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Stefano
Thu Dec 05 2024
Their main responsibility is to settle the deceased person's debts, ensuring that all financial obligations are met.
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