Frequently Asked Question:
Q: My dad owed a lof of money on his credit card when he died, so do I have to pay those debts with my own money?
A: No, you are not responsible for the credit card debts. Rather, the estate owes the money. If the total amount of the debts exceeds the value of all the assets (cash, real estate, stocks, etc.), the estate may be treated as an insolvent estate.