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Personal Finance (Not Investing) • Re: Paying debts from estate that is 100% IRA to estate

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That's unusual advice. I can't remember an executor not paying the decedent's debts.

The executor could have personal liability if he/she makes distributions without paying known creditors.
There is a difference between paying creditors that file claims with the probate court and proactively paying bills that you find lying around so my attorney when I handled my mother's estate recommended the former and we took in any that filed during the year the estate was open and handled those.

Statistics: Posted by placeholder — Sat Jun 01, 2024 10:12 pm



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