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| Wills, Trusts, Estates Wills, trusts, estates, gift tax planning, etc. |
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Jul 16th, 2007, 06:11 PM
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#1 |
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sell the house...to pay his bills
A very dear friend of mine died recently and named me sole heir.
Other than a house he had no other assets. The clerk of court instructed me to sell the house in order to pay his debts, which are quite a few mostly medical bills. Why do I have to sell the house to pay his debts? |
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Jul 18th, 2007, 09:15 PM
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#2 |
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Re: sell the house...to pay his bills
His estate has to pay off debts before he can give assets away.
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