Am I liable for my recently deceased mother's medical and credit card bills?
My mom recently passed away with no will or trust. Her bank account of only a few thousand dollars was payable to me upon death, and her home was in my name as joint tenant with right of survivorship. Since I took over her assets without any official executorship, am I accountable for paying all the medical bills coming through, as well as her credit card bill? What can they do to me if I am not able to pay these things?
The creditors are able to seek compensation from the estate of your mom. This includes her assets and accounts in her name and property that is in her name. Property that past to you upon her death is not included in her estate as they passed to you by operation of the law of survivorship. In other words, upon your mom's death, the home and bank account passed to you and were no longer your mothers. If the creditors wanted to put a lien on the home before she passed away, then the lien would have been valid. If the creditors got a judgment and executed on the joint bank account, they could have taken the money to repay the judgment. The property and bank account is free from creditors and you are not liable to the creditors as you are not in contract with them.