what happens to your bills, fines, etc when you die?
who pays them? your family?
Best Answer:
They must be paid from the estate.
That depends on the situation. If there is a surviving spouse in the picture most of the debts would dive upon the spouse. If not, debts can be collected through the estate, (the assets of the deceased.) Truth is, many debts, such as credit card debt, die along with the departed and are simply lost to the creditor. With the exception of a surviving spouse, other family members, children, siblings, etc. are not liable for the debts.
If you're married, your spouse inherits all your debt. If you are single, your debt is paid from your estate (all your assets), consequently any remaining assets are awarded to those named in the will. )If there is no will, the state determines who they travel to but it is usually the closest relative). Debts are never inherited by anyone other than the spouse unless they had co-signed for a loan or enter into a legal agreement for a business or something.
They hold to be paid to the extent that you left assets with which to rate them, but generally your family has no personal liability, so if you die near no estate to pay your bills your creditors have to eat it.
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