Do children inherit loan debts?

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16.04.2024 15:49 368

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Photo of lorina200215 Lorina Fedan

The inheritance includes all the rights and obligations that belonged to the testator at the time the inheritance was opened and did not cease as a result of his death, it can be both movable and immovable property, money, deposits, as well as debt obligations (Articles 1218, 1281 of the Civil Code of Ukraine).

Debts, including those under credit agreements, are considered part of the inheritance and pass to the heirs. It is impossible to accept only the rights and renounce the obligations connected with the inheritance, as well as to accept only part of the inheritance.

17.04.2024 12:10

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