Parents' liability in case of loan and death

Name: Parents' liability in case of loan and death
Brand: Rechtswinkel.nl
Availability: InStock

Questioner

Our daughter (30 years old) wants to take out a loan regarding residual debt after selling her house of approximately €25,000. Suppose she dies, are we as parents liable for this loan?

Questioner

After your daughter dies, her heirs are liable for the debts if they accept the inheritance. So, if your daughter dies and her debt exceeds her assets, you must reject the inheritance if you are the heirs.

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