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Debra
Debra, Lawyer
Category: Canada Law
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if a person dies in Nova Scotia and has debt with no assets

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if a person dies in Nova Scotia and has debt with no assets in the estate to cover it, who is responsible for the debt?
Thank you for your question. My name is XXXXX XXXXX my goal is to provide you with the best possible answer.

To achieve that goal it may be that I will find that I need to gather further information from you. As well, it's quite possible that you may feel the need to ask me additional questions for further clarification.

But, please understand that as a careful lawyer I will always give you an honest answer even if the answer is sometimes not what you were hoping for.

If the person dies and there are no assets at all then the debts will not be paid.

No one aside from the estate would be liable for any debts and if there is no estate then that is really then end of the issue.

Let me know if you need any further clarification.
Customer: replied 3 years ago.


Further clarification required,


If there is some money in the estate does it all go to the debt?


This is in Nova Scotia Canada.

Yes.

First it goes to funeral expenses. Then it goes to taxes and other debts.

It can only go to any beneficiaries if all the debts are paid off first.
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