Westminster, CA asked in Estate Planning for California

Q: My dad financed a car in his name only.He recently passed away, there is $14000 owed, mom doesn't want, can she returnit

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1 Lawyer Answer
Julie King
Julie King
Answered
  • Estate Planning Lawyer
  • Monterey, CA
  • Licensed in California

A: Most likely, but it will depend on the terms in the finance agreement. If she can sell it for more than $14,000 and pay off the balance, she just might make some money in the process! Otherwise, she should read the terms of the finance agreement and/or call the finance company to make other arrangements. Best wishes to you both.

Yelena Gurevich and Nina Whitehurst agree with this answer

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