Joke Collection Website - Blessing messages - The father owed money to others during his lifetime. Now that the father has passed away, should the son pay it back?
The father owed money to others during his lifetime. Now that the father has passed away, should the son pay it back?
The father owed money to others during his lifetime. Now that the father has passed away, the son does not need to pay back the money for his father.
However, the father’s inheritance must first be used to repay debts, and then it can be inherited by his children.
Father and son are legal persons and have an equal relationship. There is no such thing as a father's debt being repaid by the son.
Legal link: Article 3 of the General Principles of Civil Law states that the parties have equal status in civil activities.
Article 10 All citizens have equal civil rights and abilities.
Article 33 of the "Succession Law" When inheriting an estate, the taxes and debts that the deceased should pay in accordance with the law shall be paid off. The taxes paid and debts paid off shall be limited to the actual value of his estate. This does not apply to the amount that exceeds the actual value of the estate and is voluntarily repaid by the heirs.
If the heir gives up the inheritance, he will not be liable for the taxes and debts that the deceased should pay according to law.
Article 34 The execution of a bequest shall not hinder the payment of taxes and debts that the legatee shall pay in accordance with the law.
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