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Question

if someone buys you a car as a gift and they are making payments on it and they pass away, does the estate haveto pay off that car ?:

Submitted: 394 days and 18 hours ago.
Category: Legal
Value: $15
Status: AWAITING CUSTOMER ACTION
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sylmar, California

Already Tried:
nothing

Answer

If the deceased's name is on the loan, the estate will be responsible for the payments. If the loan is in the giftee's name, he is responsible and may have to prove that the car was a gift by bringing a suit against the estate.

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Expert: CTLawyer
Pos. Feedback: 99.2 %
Accepts: 
Answered: 10/24/2008

Lawyer

Experienced in the practice of law

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