Skip Nav
Celebrity Kids
Jensen Ackles and Jared Padalecki's Kids Are Already Forming Their Own "Gang"
Late Night Highlights
Matt Damon and Jimmy Kimmel Bicker Like an Old Married Couple During Their Therapy Session
Gwen Stefani
Gwen Stefani Leaves Blake Shelton For a New Man — Mickey Mouse

Can I inherit my parents' debts?

Can I inherit my parents' debts?

My father is in his eighties and is not in very good health. Last year he was involved in a car accident where he injured another woman. The woman is now suing my parents. My father has car insurance, but not enough to cover the claim. My parents have no savings, their only asset is their house (which is not worth very much) and pensions. If my father passes away before the lawsuit is settled, would my husband and I inherit the debt from the lawsuit? Any advice you have at all on this subject would be greatly appreciated.

Around The Web
Join The Conversation
lauren lauren 6 years
I don't think you can inherit their debt but with that said if they have a lot of debt and some property or something value, their creditors might take that as payment like a house, car, etc. Good luck and that must be tough.
Credit Card Debt
How to Get Out of Debt
How 1 Inspiring Couple Paid Off $48,000 in Under 3 Years
Truth or Drink Parents and Kids Video
Tax Tips For Parents 2014
Things You Should Save For
Childhood Money Habits

POPSUGAR, the #1 independent media and technology company for women. Where more than 75 million women go for original, inspirational content that feeds their passions and interests.

From Our Partners
Latest Celebrity & Entertainment
X