I.E. those debts do not die with you.
Apologys - as I stated there were assets in my case to cover outstanding debts but just wondering how would revenue get the money they are owed if there were no assets? I was under the illusion that if there were no assets next of kin would be liable to pay up?"next of kin are responsible if there is no estate for the payments to be taken."
No - they are not. If an estate is insolvent, relations cannot legally be held responsible for the debts of the deceased. Some families may feel a moral obligation - but its not legally enforceable.
mf
Apologys - as I stated there were assets in my case to cover outstanding debts but just wondering how would revenue get the money they are owed if there were no assets? I was under the illusion that if there were no assets next of kin would be liable to pay up?
"next of kin are responsible if there is no estate for the payments to be taken."
No - they are not. If an estate is insolvent, relations cannot legally be held responsible for the debts of the deceased. Some families may feel a moral obligation - but its not legally enforceable.
mf
I am only going by experience here but I do know that anything outstanding on Finance (car), or with revenue, next of kin are responsible if there is no estate for the payments to be taken. If there is monies in the estate nothing will be paid to the benificarys until these debts are paid. I.E. those debts do not die with you. My experience was this time last year unless things have changed since then.
Theres a bereavement grant of €850 euro available from Social Welfare under certain circumstances which could be explored
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