East Freetown, MA asked in Estate Planning for Massachusetts

Q: When I pass are my children responsible for any bills left behind like visa or master chg.etc.

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1 Lawyer Answer
Christopher Tolley
Christopher Tolley
  • Boston, MA
  • Licensed in Massachusetts

A: Your children will not likely be personally responsible for these bills, but if there are any assets in your estate like real property, bank accounts, etc., your creditors have a right to pursue your estate and seek recovery from those assets. The effect of this may be that your children's share of your estate is diminished. If you don't already have an estate plan, you should see a lawyer because you may be able to minimize creditor's ability to reach your assets after you pass. I don't do this kind of work but I do collect debts from estates, that's the perspective I bring to this question. Best of luck.

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