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All creators do have a right to attempt to regain their losses before assets are distributed to people on the deceased person's will or next-of-kin. If the exe

All creators do have a right to attempt to regain their losses before assets are distributed to people on the deceased person's will or next-of-kin. If the executor of the estate runs out of funds from that estate, the company will usually just write off the debt or they might go to court to make sure, but then write off the debt. The inheritor never pays the debt of the deceased.

mindslight 8y ago
A formal appointment of executor, or even just understanding the role of de facto executor, takes a bit of time. Meanwhile, there is a strong feeling of wanting to "make things right" with the ongoing accounts - eg just paying off a credit card bill out of one's own account and moving on to the next envelope in the pile. If the estate has debt but no assets (which is quite common given probate-avoiding estate planning tools like joint accounts and contract beneficiaries), then such payments are a straight up waste. Unnecessarily paying off a decedent's debts may still be in line with the decedent's life philosophy and wishes, but one certainly shouldn't be goaded into doing so due to harassment from creditors at an already emotional and stressful time.