Are there inheritances of debts? Here we tell you everything

Before going into details related to Chile’s debtors, we want to remind you what exactly we mean when we talk about an inheritance: the set of assets that one person leaves to another after his death. It means that when a person dies, all assets become their heirs.

What are the assets that are inherited?

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This is one of the most important points in this article. If a person dies, he leaves all his property (property, clothing, money, equipment, among other things) to another person or several people. Like assets, debts will also inherit them. Did you have any idea about this? It is that if that person belonged to the list of debtors of Chile, it is also their turn to inherit their debts.

But … who are the heiresses?

This issue will depend entirely on the type of inheritance that has been handled (or not). Here in Chile there are two types, the one that is governed by the will and the one that does not have a will in between. Here are the details of each one:

Inheritance without a will

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In this type of inheritance enter all those people who were specified in the document of the will. They can be direct family members, indirect family members, friends, acquaintances or any other person that has been considered important enough to deserve a share of their assets.

Now, the heirs of the debts are only those who enter the heirs without a will. It would be unfair for debts to be left in a will, right?

If you want to know how these inherited debts are paid, we recommend you follow the publication of our next article. Its content will be related to this important point. Remember that in both you and all Chile debtors will have all the support they need.

 

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