Home > Services > Marriage and Family

Succession

Updated : 2015-06-09

Ways to pay debts after the estate of the decedent has been distributed

Ways to pay the outstanding debts after the successors have divided the estate: (1) if there are statutory successors and there are also testamentary succession and legacy, the debts shall be paid first by the statutory successors with the estate acquired; (2) where the property inherited by the statutory successors is insufficient to pay the debts, the remaining debts shall be paid by the testamentary successors and legatees proportionately with the estate they acquired; (3) if there are only testamentary succession and legacy, the debts shall be paid by the testamentary successors and legatees proportionately.

|<< Previous Page 11 12 Next Page

8.03K