«

»

Bankruptcy & Death

March 15, 2012

by Trustee In Bankruptcy

March 15, 2012

Estate Plan

If my spouse passed away and left me the assets prior to my bankruptcy, what happens to those assets if I decide to declare bankruptcy?

In the event that a person receives an inheritance prior to or during bankruptcy, the assets would go to the Trustee for the benefit of the creditors. In this situation, it is important to discuss your options other than filing for bankruptcy.

 

Permanent link to this article: http://rumanek.com/blog/what-would-happen-if-my-spouse-died-and-left-me-her-assets-prior-to-my-bankruptcy/