One of the main duties of an estate administrator is paying the debts of the estate. This is done with money in the estate since the bills shouldn't be passed down unless they are on something that is held jointly with someone else. There are a few things to know before you attempt to handle these debts after your loved one's death.
Thinking about the end of your life on Earth isn't a pleasant thought for most people. One thing that you need to do is ensure that you have things set so that you can be cared for if you aren't able to make decisions on your own. You can handle this situation now by putting powers of attorney designations into your estate plan. We know that it can be challenging to make this type of decision.