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Debt after death


steve2802
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A friend of mine recently passed away from cancer.

 

Not long before she passed away her mother died.

 

Her mothers estate had to go through probate.

 

Shortly before my friend died her mothers probate was completed and my friend was due to receive appx. £20k inheritance once her mothers house has been sold.

 

However my friend died before receiving the inheritance.

 

Aside from a couple of hundred pounds my friend had no assets, ie no house, car, jewellery or savings.

 

She did have however around £20k worth of debts to 2 credit cards and 2 personal loans.

 

My question is

 

what happens to the inheritance money (once her mothers house has been sold)?

 

As it stands my friends estate does not have to go through probate because she had below £5k in assets.

 

Once her mothers house is sold and the inheritance comes through would her estate then need to go through probate

and the debts be paid off or does the debt get written off and the inheritance passed onto her children?

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This is a complicated matter and needs to be dealt with by a solicitor and maybe CAB or other advice service. Their next of kin will have to deal with this.

 

Did you friend have insurance (PPI) on their debts? Tell the next of kin if so.

Work for my local CAB but my views and advice are my own. Try AdviceGuide or Adviceline (08444 111 444) for CAB help ;)

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