Loans after death

john1962

No longer relevant. Please delete.

p00hsticks

My first thoughts are - how much money is involved, and how easily would you be able to afford to pay her ?

I can see your reasoning, but if it's a case of a fairly small anmount of money that you can easily afford, I personally would be tempted to just give it to her in order to avoid a family feud

Gaz83

Sounds like a messy situation. You need to get some proper, legal, advice.

Nearlyold

p00hsticks wrote: »

My first thoughts are - how much money is involved, and how easily would you be able to afford to pay her ?

I can see your reasoning, but if it's a case of a fairly small anmount of money that you can easily afford, I personally would be tempted to just give it to her in order to avoid a family feud

Agree with the above you both need to put the amount into some sort of perspective, don't forget if you owe the estate say £10,000 your sister would only get £5,000 more - because the £10,000 would then be part of the estate which you are entitled to 50% of anyway. If you do decide to repay an amount do it the official way by paying it into the estate These things are always difficult because there is nothing like the sniff of an inheritance to bring out the worst in people, having said that your sister could soon be posting complaining about a sister and brother in law who borrowed a large amount from her late father and didn't pay it back. Who are the executors by the way?

Caz3121

andrewjack21 wrote: »

When someone dies, debts they leave are paid out of their estate(money and property they leave behind). You're only responsible for their debts if you had a joint loan or agreement or provided a loan guarantee - you aren't automatically responsible for a husband's, wife's or civil partner's debts.

the original post (which has been removed) was around a brother and sister having been left 50% each when father died. Each had at some point borrowed money from the father and not fully repaid so the question was around whether the 50% each should be amended based on the amount they still owed to the father