I would like to know if my children can be held responsible for my C/C or Loan debt when I die. And is there anything legally that I can do now to insure they are not harassed by my creditors after my death. I have never had a co-signer. Never owned a House. Thank You.
As long as they haven't cosigned they cannot be held responsible but any estate you leave remains responsible for the debt.
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The short answer is no. Your children are not responsible for your debts when you pass away. However, assets you own when you die, may be or in other words, your estate is responsible to pay legitimate creditors when you pass away. For more information visit: https://www.idahoprobate.services/
If your children are not co-signers or joint owners, they are not responsible for your debts when you pass. Solely owned debts may pass through your estate, and your estate may be responsible to pay your debts.
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