When the decedent dies, the property of the decedent passes to the heirs.
However, if the decedent has outstanding debts, the heir will inherit the debts along with the property.
Therefore, if there are more debts than assets, only debts will be inherited.
In such cases, renunciation of inheritance may be considered.
If the inheritance is renounced, the heir will not be an heir from the beginning, and will be exempted from paying the debts of the decedent.
What you need to be careful about here is the payment of the funeral expenses of the deceased.
Even if the funeral expenses of the decedent were paid out of the decedent's property, there are cases where the court has ruled that it is not a simple approval if it is within the socially acceptable range, but Its scope is not clear.
Therefore, if possible, it is better to avoid paying funeral expenses out of the decedent's estate.

投稿者プロフィール

YAMAMOTO.AKIRA

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When the decedent dies, the property of the decedent passes to the heirs.
However, if the decedent has outstanding debts, the heir will inherit the debts along with the property.
Therefore, if there are more debts than assets, only debts will be inherited.
In such cases, renunciation of inheritance may be considered.
If the inheritance is renounced, the heir will not be an heir from the beginning, and will be exempted from paying the debts of the decedent.
What you need to be careful about here is the payment of the funeral expenses of the deceased.
Even if the funeral expenses of the decedent were paid out of the decedent's property, there are cases where the court has ruled that it is not a simple approval if it is within the socially acceptable range, but Its scope is not clear.
Therefore, if possible, it is better to avoid paying funeral expenses out of the decedent's estate.

投稿者プロフィール

YAMAMOTO.AKIRA

最新の投稿

• Visa08/01/2023Difference between 30 days and 31 days of period of stay in "Designated Activities" for departure preparation
• Visa07/24/2023What is the “special period” in the status of residence?
• Naturalization06/20/2023If you are thinking about applying for Permanent Resident or Naturalization, what kind of Certified Administrative Procedures Legal Specialist should you consult?
• Naturalization06/15/2023Can a person whose status of residence is only permitted for a period of one year be allowed to become naturalized?