Hi there,
I hope someone out there can help me. My dad died a couple years ago & shortly after his death, his mom died. She left him some money (although he was estranged with his kids we know he was broke). We (his kids) are due to get about $900 each - not loads but something essentially from my Grandmother.
Now my concern is this:
My brother & sister who live in the US have opened a Trust in my dad's name. They've stopped short of pursuing it in case my dad had any debt - their thought is that his debt (if he does have any) will become their debt. I know that any debt of his will take the money, but is it true that they would incur his debt as well?
I was hoping to pick it up where they left off when I visit next, but wanted to hear some opinions..
Many thanks in advance!