✔ 最佳答案
1. In order to inherit any estates, all debts must be fully repaid first.
So once the probate is completed and the estate is available, the executor must repay the bank, either in full amount of the debt or the estate, whichever is the smaller.
2. No.
2015-02-28 20:40:24 補充:
1. Yes. It does not mean the debt needs to be repaid in full.
For example, if the estate includes a property in mortgage, as soon as the bank is willing to allow the beneficiaries to resume the liability and continue payment, the bank will then allow the estate to be transferred.
2015-02-28 20:46:31 補充:
2. Yes. Unfortunately, funeral expenses are not a debt from the deceased.
Once a person has passed away, he/she can no longer borrow any money for the funeral. So funeral expenses, if borrowed, are usually debts from the deceased's family for the deceased.
2015-02-28 20:46:35 補充:
2. Yes. Unfortunately, funeral expenses are not a debt from the deceased.
Once a person has passed away, he/she can no longer borrow any money for the funeral. So funeral expenses, if borrowed, are usually debts from the deceased's family for the deceased.
2015-02-28 20:47:27 補充:
You are welcome to use the deceased's estate to repay. But this is not a debt from the deceased.
3. If the net estate is negative (debts > assets), unless the beneficiaries are willing to resume the debt, there is no point to inherit.
All creditors will be forced to forfeit the debts.