How can the executor claim these refunds?

Sep 19, 2024 ... It is important to know that debts cannot be inherited or transferred upon death without your agreement. In Canada, you cannot become liable for ... Jul 30, 2023 ... What happens if you leave debts when you die ... After you die, there is a six-month period during which creditors (people you owe money to) can ... Generally, your estate is responsible for any debt you leave behind, and your debts will be paid during the probate period using the following guidelines. Aug 11, 2021 ... As you can imagine, it's complicated. "As a general rule, it is the estate of the deceased person that is liable for his debts," says David ... Aug 28, 2023 ... The short answer is no; you will not inherit the debt or be responsible for paying it. The exception is if you shared a debt with your loved one. May 19, 2013 ... If you have federal government loans, yes. This means that your estate will not have to pay back those student loans. Outstanding personal debt (credit card debt and personal loans). With secured debts — like a mortgage or car loan — a lender may repossess the asset, or a ... Jul 29, 2020 ... The Doctrine of Necessaries in Ohio says that a spouse may be responsible for debts incurred by a deceased spouse for things that are “ ... My relative (or friend) died recently. What happens to my loved one's property and debts? When someone dies, some or all of the deceased person's property ... What happens to debts when someone dies? ... When someone dies, their debts become a liability on their estate. The executor of the estate, or the administrator ...