Am I liable for debts as estate administrator? | NC

About this video

Q: Am I personally responsible for a decedent's debts if I am the estate administrator? A: Usually, no. Under North Carolina law, serving as estate administrator does not make the decedent’s debts your personal debts. Valid creditor claims are paid from estate assets, not from your own money. Your job is to act as a fiduciary for the estate. That means you collect estate property, identify…