Skip Nav
Gift Guide
Watch Our LIVE Holiday Gift Guide Show Now and Win Big!
Gift Guide
Watch Our LIVE Holiday Gift Guide Show Now and Win Big!
Celebrity Couples
Meghan Markle Declares Her Love For Prince Harry With a Special Necklace

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.
Lessons From a Daughter Who Lost Her Father
Tax Tips For Parents 2014
Brooke Greenberg 20-year-old toddler dies
Free Video Calls
Beyoncé's Dad Will No Longer Manage Her
Dealing With Parents When Living at Home After College
Tips For Parents on Creating a Romantic Valentine's Day

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
All the Latest From Ryan Reynolds