Content Overview 
- Summary
- What If I Want To Write My Will Myself?
- What You Can And Cannot Do In A Will
- How To Locate An Attorney To Write Your Will
- What Is A Will?
- Does My Existing Will Need To Be Updated?
- What If I Die Without A Will? (Intestate)
- How Much Does It Cost To Prepare A Will?
- What Makes A Will Valid?
- What If I Want To Leave Money Or Another Asset To A Minor?
- Legal Consequences Of Various Forms Of Ownership
- What If My Debts Exceed My Assets?
- What To Do If You Write Your Will Yourself
- What To Do If Personal Property Is Left To Be Divided
- What Should I Do About OnLine Accounts?
- Should I Speak With My Heirs About What Is In My Will?
- What Should I Do After I Execute A Will?
Wills 101
What If My Debts Exceed My Assets?
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- In general, only your estate is liable for the debt. Your surviving family members and heirs are not liable unless they have personally taken on the debt. For instance, if an heir is a co-signer or a guarantor on a loan, your death will not change their obligation to repay it. There may also be liability if you were provided necessities such as food or clothing.
- While there is no obligation to do so, your heirs can work out an informal agreement with all your creditors.
- If there is no informal agreement with creditors, it will be up to a court rather than your heirs to determine which creditor gets paid and in what priority.
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