Should All My Debts Be Part Of My Will?
Автор: Avoiding Common Legal Mistakes
Загружено: 2025-12-14
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Ever wondered what happens to your outstanding debts after you're gone? This video breaks down whether all your liabilities should be explicitly detailed in your will, and what the legal implications are for your estate and beneficiaries.
In this guide, you'll discover:
► Why debts are generally settled by your estate before assets are distributed.
► How specific bequests can be impacted by the amount of debt you leave behind.
► The critical role of an executor in managing estate debts and distributions.
► The importance of clear instructions in your will to prevent disputes among heirs.
► Why consulting an estate planning attorney is crucial for comprehensive debt and asset management.
#EstatePlanning, #Wills, #DebtManagement, #LegalAdvice, #Inheritance
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