Title. So far, we've uncovered about $15,000 in medical bills, some credit card debt (a few of which I'm listed as a co-signer), and his auto loan (haven't determined the amount yet, or found registration).
He was leasing his apartment and I don't expect his assets to be worth very much. From what I've read, the Executor (or Administrator/Successor, in this case) is responsible for using their estate to pay off debts. I know he was the recipient of a trust (distributed monthly) - can creditors seize funds from that to settle debts?
So far, we haven't uncovered any life insurance. Funural costs so far have mostly drained our savings, so it would be pretty demanding to meet with / hire a probate attorney (which was recommended by the mortuary).
I know laws vary by state (I'm in Utah). The Utah Bar Association recommends an attorney if their estate is valued over $600,000 (which I'd be shocked if it is) in addition to various other scenarios, like family infighting, but that doesn't apply here (me and mine are the only next of kin, so no competition on who's the successor).
Any advice?
And apologies in advance - I may be slow to respond to further questions, but will do my best.
Edit: he was also running his own business (out of his house, thank God), so we will need to figure out what to do about his business license too. Any advice on that is also appreciated.
Edit 2: I should also note that the ME is running toxicology, so we won't have a final death certificate for anywhere from 4 weeks to 90 days (COD listed as "Pending" until then).
Submitted April 17, 2017 at 11:38AM by Sweet_Vandal http://ift.tt/2pqrMKN
