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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.
Expert:
CTLawyer
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Answered:
10/24/2008
Lawyer
Experienced in the practice of law
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