Approved Inheritance Cash, Inc.
39 East Union Street, Pasadena, CA 91103
+1 877 252 6544
Debts After Death: What Heirs Should Know

Many heirs worry that when a loved one dies, they’ll inherit their debts too. Thankfully, that’s not usually the case. In most situations, debts are paid out of the estate’s assets during probate—not by the heirs themselves. That means credit card bills, medical debts, and personal loans are settled from the deceased’s bank accounts, property sales,...

Joint Bank Accounts and Inheritance Confusion

A common source of confusion during probate involves joint bank accounts. Many people assume that adding a child or relative to their bank account will help them avoid probate—but the legal reality is more complicated. If the account is set up as “joint with right of survivorship,” the surviving person generally receives the funds directly—outside...